China: Iron Ore Port Inventory and Port Pick-up Volume on September 4, 2026
As of September 4, the latest SMM data shows that total iron ore inventory across 35 main ports in China stood at 143.91 million mt, down 1.7 million mt MoM, with overall inventory trending lower. Daily average port pick-up volume edged up by 55,000 mt to 3.145 million mt. As of September 4, SMM’s latest ...
On September 4, 2026, China's total iron ore inventory at 35 main ports was recorded at 143.91 million metric tons, representing a decrease of 1.7 million mt from the previous month. The overall inventory trend was downwards. The daily average port pick-up volume increased by 55,000 mt to 3.145 million mt. Despite a rise in port arrivals this week, the weak demand for iron ore concentrates and declining steel mill blast furnace production led to a continued accumulation of inventory.
As the week progressed, port arrivals were anticipated to decline gradually, while some steel mills may have resumed production, potentially causing a temporary increase in hot metal production and port pick-up volume. However, the downstream finished steel demand remained uncertain. The data, sourced from SMM, should be used for reference purposes only and not as decision-making guidance.
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