Iron ore departing Australian, Brazilian ports to rise further

SHANGHAI, Apr 23 (SMM) – A total of 73 vessels with 10.15 million mt of iron ore are expected to arrive at major Chinese ports during April 20 to 26, SMM learned. This will be down 7.4% from 10.96 million mt a week ago.

For the same period, the volumes of iron ore departing Australian ports are likely to be 4.8% higher to stand at 15.57 million mt; those leaving Brazilian ports are likely to be 11% higher to 8.54 million mt.

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