Iron ore from Australia, Brazil to grow after port maintenance

SHANGHAI, Sep 17 (SMM) – Sixty-seven vessels carrying 9.86 million mt of iron ore are expected to arrive at major Chinese ports during September 14-20, up 370,000 mt from 9.49 million mt during September 7-13 as overseas ports recover from maintenance, SMM data showed.

For the same period, volumes of iron ore departing Australian ports are likely to increase by 220,000 mt to stand at 16.01 million mt; those leaving Brazilian ports are likely to grow 280,000 mt to 7.29 million mt.