WEEKLY: Aust., Brazilian iron ore shipments rebound 14%

Over December 13-19, the total volume of iron ore dispatched to global destinations from the 19 ports and 16 mining companies in Australia and Brazil under Mysteel's survey recovered by 3.2 million tonnes or 14.4% on week after a one-week dip, reaching 25.8 million tonnes, with both countries posting on-week gains in shipments.

Over the latest survey period, Australian iron ore shipments from its 10 ports bound for global destinations grew by 1.4 million tonnes or 8.2% on week to 19 million tonnes, and Brazil shipped about 6.7 million tonnes of iron ore from its nine ports worldwide, up by 1.8 million tonnes or