Report Summary 1. Report Industry Investment Rating No relevant content provided. 2. Core View of the Report - The supply - demand pattern of iron ore has changed little. Steel mills' production is weakly stable, and the terminal consumption of ore has declined. This week, the average daily molten iron output and imported ore consumption of sample steel mills both decreased slightly on a week - on - week basis. With the unimproved profitability of steel mills and production restrictions, the demand for iron ore continues to be weak. Meanwhile, although the arrivals at domestic ports have been falling, the shipments from overseas miners have increased significantly and returned to the annual high. According to the shipping schedule, the arrivals will rise again. The supply of foreign ore is positive, and the domestic ore production is stable, so the ore supply remains at a high level. Currently, the iron ore demand is weakly stable, and the supply is high, so the fundamentals of the ore market are weak, and the ore price is under pressure. The positive factor is the support from the switching of the arbitrage logic, and the ore price will maintain a volatile trend in the short term. [2] 3. Summary by Related Catalogs Inventory - 45 - port iron ore inventory is 15,054.65, with a week - on - week decrease of 75.06, an increase of 512.17 compared to the end of last month, and a decrease of 264.73 compared to the same period [1]. - 247 steel mills' imported ore inventory is 9,001.23, with a week - on - week decrease of 74.78, an increase of 151.37 compared to the end of last month, and a decrease of 171.81 compared to the same period [1]. Supply - 45 - port iron ore arrivals are 2,268.90, with a week - on - week decrease of 472.30, an increase of 239.80 compared to last month, and a decrease of 513.10 compared to the same period. The global 19 - port iron ore shipments are 3,516.40, with a week - on - week increase of 447.38, an increase of 128.05 compared to last month, and an increase of 505.50 compared to the same period [1]. Demand - The average daily molten iron output of 247 steel mills is 236.28, with a week - on - week decrease of 0.60, a decrease of 0.08 compared to last month, and an increase of 0.48 compared to the same period. The 45 - port average daily ore removal volume is 329.92, with a week - on - week increase of 2.97, an increase of 9.76 compared to last month, and an increase of 2.94 compared to the same period. The 247 steel mills' imported ore daily consumption is 291.68, with a week - on - week decrease of 0.95, an increase of 0.06 compared to last month, and a decrease of 0.93 compared to the same period. The weekly average of iron ore transactions at main ports is 75.08, with a week - on - week decrease of 30.88, a decrease of 7.10 compared to last month, and a decrease of 34.90 compared to the same period [1].
铁矿石周度数据（20251121）-20251121
Bao Cheng Qi Huo·2025-11-21 02:14