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WEEKLY: Aussie, Brazilian iron ore shipments rise 4%

Iron ore shipments from Australia and Brazil to global destinations continued to rise over July 29-August 4 by another 978,000 tonnes or 4.4% on week to 23.2 million tonnes, as both the countries kept dispatching more vessels during the survey period, according to Mysteel’s latest weekly survey published on August 6.
Over the period, Australia shippednearly 16million tonnes worldwide, whichedgedup byanother 137,000 tonnes or0.9% on week,among which, the tonnage bound for China increasedmore substantially by over 1 milliontonnes or7.6% on week to 14.3 million tonnes, withRio Tintocontributing the mostto the increase with 908,000 tonnes or up 20% on week. Rio Tinto shipped

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