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WEEKLY: Aust., Brazilian iron ore shipments rebound 5.5%


Total volume of iron ore dispatched to global destinations from the 19 ports and 16 mining companies in Australia and Brazil under Mysteel’s survey recovered from a one-week drop over May 31-June 6, up 5.5% or 1.3 million tonnes on week to 25 million tonnes, and both the countries posted higher weekly volumes.
Over the survey period, the Brazilian iron ore shipments from its nine ports worldwide increased after the prior week’s dip, reached a seven-month high of 8 million tonnes after an on-week gain of 1.2 million tonnes or 18%, and Australia shipped about 16.9 million tonnes of iron ore from its ten ports to worldwide,


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