WEEKLY: Aust., Brazilian iron ore shipments rise 4% 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 rebounded by 995,000 tonnes or 4% on week to 26.1 million tonnes during August 10-16, with the shipments rising from both countries.

In the latest survey period, Brazilian iron ore shipped worldwide from the country's nine ports jumped 845,000 tonnes or 11% on week to 8.5 million tonnes, with the volume sent by Vale increasing 270,000 tonnes or 4.6% from the prior week to 6.1 million tonnes. Meanwhile, Australian iron ore delivered