Wednesday 3 December 2014

Otmane El Rhazi : Port Hedland iron ore shipments to China fall in Nov

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



Australian shipments of iron ore to China from Port Hedland, which handles about a fifth of the world's seaborne trade, fell 8.5% in November from a near-record high in October, port data showed. The drop to 29.0-million tonnes in November, from 31.71-million the month before, according to Pilbara Ports Authority, came as prices for the steel-making mineral continued to slide.

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