WEEKLY: Aust., Brazilian iron ore shipments rebound 5% WoW

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 ended a two-week drop and rebounded to 23.8 million tonnes during March 9-15, higher by 1.2 million tonnes or 5.1% from the previous week.

The increase in the total shipments was contributed by Australia, as the country's iron ore shipped worldwide from its 11 ports rose 1.2 million tonnes or 7% on week to reach 18.1 million tonnes in the latest survey period. Among these, the shipments sent to China, Australia's largest iron