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03 AUG 2026 MONDAY
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Iron Ore Eases from 15-Month High in Commodity News 13/05/2026 Iron ore futures in China eased to CNY 815 after testing the 15-month high of CNY 823 on May 11th as higher inventories momentarily offset the impact of strong demand from steelmakers. Industry data showed that iron ore inventories at Chinese ports were at around 167 million tons in March, a 14.2% annual increase to remain at the highest level on record. The ample availability matched a sharp rate of take-in from blast furnaces. The same industry reports pointed to a record level of operating rates in domestic blast furnaces, aiming to maintain elevated capacity levels as stimulus measures by the central government limited the impact of the prolonged property crisis on new construction. Second-hand home sales surged 72% annually during the May holiday. Stimulus expectations for the rest of the year were underpinned by the higher magnitude of special bonds by China’s largest cities, which are commonly used to finance infrastructure projects. Source: Trading Economics 2026-05-13 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share
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news Hellenic Shipping News ·2026-05-12

Iron Ore Eases from 15-Month High

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