WEEKLY: Aust., Brazilian iron ore shipments slip 1% 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 dropped to approximately 28 million tonnes during June 8-14, down by 334,000 tonnes or 1.2% on week.

In the latest survey period, Brazilian iron ore shipped worldwide from the country's nine ports increased by 456,000 tonnes or 5.6% on week to 8.6 million tonnes. Notably, the volume sent by Vale swelled by 1.1 million tonnes or 19.1% from the prior week to 7 million tonnes. However, the