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Aust., Brazilian iron ore shipments jump 43% around CNY

The total volume of iron ore dispatched to global destinations from the 19 ports and 16 mining companies in Australia and Brazil rebounded strongly by 7.9 million tonnes or 43.4% on week to 26 million tonnes over February 8-14, with both countries posting on-week gains, according to Mysteel’s latest survey.
Over the survey period, Australian iron ore shipments from its ten ports bound for global destinations totalled 19.6 million tonnes, up after a one-week drop, gaining 6.6 million tonnes or 51.3% on week, and Brazil shipped 6.4 million tonnes of iron ore from its nine ports worldwide, which grew 1.2


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