Iron ore shipments to China via Port Hedland slump 20% MoM in Feb

Port Hedland, the top iron ore terminal in Western Australia, handled 34.1 million tonnes of iron ore for export to China in February, marking a significant decline of 20% on month, though the volume was 7.8% higher on year, according to latest data released by the Pilbara Ports Authority (PPA).

The total iron ore tonnage dispatched worldwide via Port Hedland in the same month also dropped by a sharp 18.7% on month to reach 49.2 million tonnes, while compared with the same month last year, the volume logged an 8% increase, the PPA data showed. The notable on-month decrease in