WEEKLY: Aust., Brazilian iron ore shipments jump 10% WoW

The total shipments of iron ore dispatched to global destinations from the 19 ports and 16 mining companies in Australia and Brazil reversed up from the prior week's drop and rose by 2.7 million tonnes or 9.9% on week to reach 29.4 million tonnes over June 26-July 2, with shipping volumes growing from both countries, Mysteel's latest survey showed.

During the survey period, Australian ore shipped worldwide from its 10 ports had increased by a significant 2.4 million tonnes or 13.3% on week to reach 20.6 million tonnes after slumping in the previous week. Among the total, the shipments sent to the country's largest consumer China also went