铁矿石周度数据（20251107）-20251107

1. Report Industry Investment Rating - Not provided in the given content 2. Core View of the Report - The supply - demand pattern of iron ore remains weak, with a significant increase in inventory. Under production restrictions, the iron ore terminal demand continues to decline. The demand for iron ore remains weak, suppressing the ore price. Meanwhile, the arrival of ore at ports has rebounded significantly, and overseas miners' shipments have slightly declined, both at high levels within the year. With the recovery of domestic ore production, the supply pressure is large. In the situation of strong supply and weak demand, the iron ore fundamentals are weak, and the ore price will still be under pressure and run weakly, so the performance of steel should be monitored [1] 3. Summary According to Relevant Catalogs Inventory - 45 - port iron ore inventory is 14,898.83, a week - on - week increase of 356.35 and a month - on - month increase of 356.35 compared to the end of last month, and a year - on - year decrease of 370.23 compared to the same period [2] - 247 - steel mill imported ore inventory is 9,009.94, a week - on - week increase of 160.08 and a month - on - month increase of 160.08 compared to the end of last month, and a year - on - year decrease of 120.57 compared to the same period [2] Supply - 45 - port iron ore arrival volume is 3,218.40, a week - on - week increase of 1,189.30 and a month - on - month increase of 1,189.30 compared to last month, and a year - on - year increase of 955.70 compared to the same period [2] - Global 19 - port iron ore shipment volume is 3,213.84, a week - on - week decrease of 174.51 and a month - on - month decrease of 174.51 compared to last month, and a year - on - year increase of 58.84 compared to the same period [2] Demand - 247 - steel mill daily average hot metal production is 234.22, a week - on - week decrease of 2.14 and a month - on - month decrease of 2.14 compared to last month, and a year - on - year increase of 0.16 compared to the same period [2] - 45 - port daily average ore - clearing volume is 320.93, a week - on - week increase of 0.77 and a month - on - month increase of 0.77 compared to last month, and a year - on - year increase of 6.54 compared to the same period [2] - 247 - steel mill imported ore daily consumption is 288.70, a week - on - week decrease of 2.92 and a month - on - month decrease of 2.92 compared to last month, and a year - on - year decrease of 1.26 compared to the same period [2] - Main port iron ore transaction weekly average is 124.90, a week - on - week increase of 42.72 and a month - on - month increase of 42.72 compared to last month, and a year - on - year decrease of 2.96 compared to the same period [2]