Otmane El Rhazi : Australia bumps up China iron-ore exports despite weak prices

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

Despite the significant fall in iron-ore prices and the continued insistence of an oversupply in the market, Australia’s iron-ore exports to China increased by 18% during the first quarter of 2015, compared with the previous corresponding period. The Department of Industry and Science revealed in its China Resources Quarterly (CRQ) report that Australia had exported 144-million tonnes of iron-ore to China during the first quarter.