WEEKLY: Aust., Brazilian iron ore shipments fall 4.9% WoW

After hitting a six-month high, the total volume of iron ore dispatched to global destinations from the 20 ports and 17 mining companies in Australia and Brazil under Mysteel's regular tracking retreated to 27.5 million tonnes during December 15-21, lower by 1.4 million tonnes or 4.9% on week, with ore shipments falling from both countries.

During the latest survey period, Brazilian iron ore shipped worldwide from the country's nine ports dropped by 394,000 tonnes or 4.4% on week to 8.6 million tonnes, with the volume sent by Vale shrinking by 676,000 tonnes or 9.9% on week to 6.1 million tonnes. Meanwhile, Australian iron ore delivered