WEEKLY: Aust., Brazilian iron ore shipments at 11-m low

The total volume of iron ore dispatched to global destinations from the 19 ports and 16 mining companies in Australia and Brazil fell to its 11-month low of 19.8 million tonnes over January 18-24, or having declined for the fourth week by another 1.6 million tonnes or 7.4% on week, and both countries posted weekly declines with Australia having refreshed its 11-month low in the dispatch volume.