As of Friday, November 2nd 2012, iron ore inventory at 36 Chinese ports totaled around 93.30 million tons, down by 1.45 million tons from a week earlier.
Of the total stockpiles, around 6.10 million tons iron ore was imported from India, down 600,000 tons compared to the previous week.
Curretn iron ore inventory level at Chinese ports is estimated to supply China's steel production for 29 days