WEEKLY: Aust., Brazilian iron ore shipments rebound 27% WoW

After the previous week's slump, 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 tracking during March 30-April 5 rebounded by a significant 5.1 million tonnes or 27.2% on week to 23.7 million tonnes.

Australia was largely responsible for hefty increase after operations at the country's iron ore terminals were no longer affected by Tropical Cyclone Narelle, Mysteel Global noted. Operations had been suspended at many key ports in Western Australia as the cyclone passed through, but these were reopened last week after