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WEEKLY: IO shipment volume analysis on Nov 4-10

Mysteel’s survey shows that iron ore shipments dispatched from Australia and Brazil totaled 22.30 million tonnes, or down 2.45 million tonnes on week
Australia sailed 16.11 million tonnes, down 1.32 million tonnes. Among the total, the volume to China accounted for 13.91 million tonnes, ordown 1.45 million tonnes on week. Rio Tinto exported5.56 million tonnesto China,down 1.11 million tonnes from the previous week. BHP shipped 4.25 million tonnes,416,000 tonneslower than a week ago.FMG

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