Global Iron Ore Shipments Grow During November 18-24, With Australia And Brazil Both Contributing To Growth

SMM data showed that global iron ore shipments totaled 33.52 million mt in the week of November 18-24, an increase of 8.7% WoW. Among them, Australia shipped 18.48 million mt, a weekly increase of 1.1%, of which 13.92 million mt was sent to China, accounting for 75.3% of Australia's total shipments, a decrease of 9.8%. Brazil shipped 7.98 million mt, a weekly increase of 27.2%, with 349 mt to China, accounting for 43.7% of Brazil's total shipments, an increase of 31.2% WoW.