Iron ore shipments to China via Port Hedland rise 5% MoM in Dec

The volume of iron ore shipped to China through Port Hedland, the top iron ore terminal in Western Australia, increased by another 4.5% on month to reach 41.8 million tonnes last December, according to new data released by the Pilbara Ports Authority (PPA), though the total was 2.7% lower than the volume in December 2023.

However, the total iron ore tonnage dispatched worldwide through Port Hedland in the same month was lower by 2.3% on month and by 4.5% on year at 47.6 million tonnes, the PPA data showed. The decline in the overall iron ore shipments from the port last month was mainly caused by