The arrivals of imported iron ore at the 45 surveyed ports retreated from high last week, with the volume falling by 4.9 million tonnes or 17.3% on week to 23.4 million tonnes during January 6-12.
Imported iron ore stocks had risen for the third straight week to 150.6 million tonnes as of January 16, though the weekly increase was smaller at 530,900 tonnes or 0.4%, according to the latest survey results.