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WEEKLY: Aust., Brazilian iron ore shipments retreat 13%

The total volume of iron ore dispatched to global destinations from the 19 ports and 16 mining companies in Australia and Brazil declined to 22.6 million tonnes over February 15-21, down after one-week rise by 3.4 million tonnes or 13% on week, with lower volumes reported from both origins, according to Mysteel’s latest survey.
Over the survey period, Australian iron ore shipments from its ten ports bound for global destinations reversed down after one week of increase by 2.6 million tonnes or 13.5% on week to 17 million tonnes, and Brazil shipped 5.6 million tonnes of iron ore from its nine ports worldwide, which


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