WEEKLY: Aust., Brazilian iron ore shipments rebound 8.6% WoW

After falling in the previous week, 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 jumped to 29.8 million tonnes during December 22-28, higher by 2.4 million tonnes or 8.6% on week, with the shipments rising from both countries.

During the latest survey period, Brazilian iron ore shipped worldwide from the country's nine ports increased by a significant 846,000 tonnes or 9.8% on week to 9.4 million tonnes after falling in the prior week, with the volume sent by Vale rising 206,000 tonnes or 3.4% on week to