WEEKLY: Aussie, Brazil iron ore shipments recover 6%

Iron ore shipments from Australia and Brazil to global destinations rebounded by 1.33 million tonnes or 6% on week to 23.6 million tonnes over November 11-17, with the volumes from both Australia and Brazil reversing up over the period, according to Mysteel’s latest weekly survey.
Over the period, Australia’s iron ore exports to the global destinations increased slightly to 16.9million tonnes, up 822,000tonnes or 5.1% on week, and among the total, the tonnage destined for China stayed overall flat at 13.6million tonnes, down 47,000 tonnes on week. Iron ore shipments from the three core Australian miners


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