Monday 19 January 2015

Otmane El Rhazi : Key Australia iron-ore ports face short closure on cyclone threat

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



Australia's Pilbara Ports Authority said it had started evacuation of ships at the Port Hedland and Dampier iron-ore ports due to cyclone threat, but forecast a short closure due to the low intensity of the storm. Any interruption in iron-ore shipments from the key ports of top supplier Australia could support prices of the steelmaking raw material, which are mired near five-and-a-half-year lows in a world market flush with supplies from big Australian miners.

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