WEEKLY: Aust., Brazilian iron ore shipments reverse down
Jul 07, 2020 12:30
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The total volume of iron ore dispatched to global destinations from the 19 ports and 16 mining companies in Australia and Brazil reversed down over June 29-July 5 after three weeks of consistent rises, falling by 7.6% or 2.18 million tonnes on week to 26.3 million tonnes in total with both countries posting on-week declines, according to Mysteel’s latest survey.
period, Australian iron ore shipments from its ten ports bound for global
destinations decreased by 689,000 tonnes or 3.5% on week to 19.1 million
tonnes, and Brazil shipped 7.2 million tonnes of iron ore from its nine ports worldwide,
which reversed down by 1.5 million tonnes or 17.2% on week.