Iron ore shipments to China via Port Hedland stable in April

The volume of iron ore shipped to China in April from Port Hedland, the top iron ore terminal in Western Australia, totalled 38.5 million tonnes, up by a small 27,610 tonnes or 0.1% from March, according to new data released by the Pilbara Ports Authority (PPA) show.

Chinese steelmakers had firm demand for imported iron ore last month, as improving profit margins encouraged them to beef up production, consuming more of the steelmaking raw material in the process, Mysteel Global noted. The total consumption of imported iron ore among the 247 Chinese steel mills under Mysteel's regular