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WEEKLY: Australian, Brazilian iron ore shipments stable

Iron ore shipments dispatched to all destinations from Australia and Brazil maintained a steady pace over November 25-December 1, being down by a negligible 156,000 tonnes or 0.7% on week in total at 21.09 million tonnes, according to Mysteel’s latest survey released on December 3. The total was the lowest in six weeks.
As for Australia, the total iron ore shipment volume recovered slightlyto 15million tonnes worldwide during the period, upby 360,000 tonnes or 2% on week. In the total, the same trend was evident in tonnage dispatched to China where shipments reboundedby 703,000 tonnes or 5.7% on week to 13 million tonnes,

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