WEEKLY: Aust., Brazilian iron ore shipments rebound 3% WoW

After the previous week's drop, 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 rebounded to 25.3 million tonnes during April 20-26, higher by 801,000 tonnes or 3.3% on week, with the increase being attributed to Australia.

During the latest survey period, the Australian iron ore sent worldwide from the country's 11 ports increased by 1.1 million tonnes or 6.1% on week to 18.6 million tonnes after falling in the previous week. Among these, the red earth sent to China - Australia's largest iron ore consumer -