WEEKLY: Aust., Brazilian iron ore shipments jump 11% 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 tracking during April 6-12 increased for the second straight week to reach 26.3 million tonnes, higher by 2.6 million tonnes or 10.9% from the prior week, with the shipments rising from both countries.

Over the latest survey period, Brazilian iron ore shipped worldwide from the country's nine ports rose 700,000 tonnes or 10.1% on week to reach a three-month high of 7.6 million tonnes, with the volume sent by Vale jumping 810,000 tonnes or 17.7% on week to 5.4 million tonnes. Meanwhile, Australian