WEEKLY: Aust., Brazilian iron ore shipments rebound again

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 rebounded to 28.4 million tonnes during June 1-7, up by 1.1 million tonnes or 4.2% on week.

The increase in the total shipments was attributed solely to Australia, as the country's iron ore delivered worldwide from its 11 ports recovered by 1.6 million tonnes or 8.8% on week to 20.2 million tonnes in the latest survey period. Among these, the volume sent to China - Australia's largest