Global Iron Ore Shipments Decline, But Chinese Port Arrivals Rebound Sharply

[SMM Shipping Data: Global Shipments Continue to Decline, Port Arrivals Rebound Significantly]

SMM's global iron ore shipments totaled 30.69 million mt, down 10.5% MoM. Among them, Australia's shipments were 18.24 million mt, down slightly by 4% MoM; shipments from Australia to China were 14.97 million mt, accounting for 82.1% of Australia's total shipments, down slightly by 1.1% MoM. Brazil's shipments were 5.91 million mt, down significantly by 32.6% MoM; shipments from Brazil to China were 2.7 million mt, accounting for 45.7% of Brazil's total shipments, down significantly by 26.9% MoM. SMM's total iron ore port arrivals in China were 21.87 million mt, up significantly by 29.76% MoM... ...