MMi Daily Iron Ore Report (August 03)

According to data tracked by SMM, 74 ships arrived at domestic main ports from July 25-31. Arrivals of cargoes are estimated to stand at 11.85 million mt, down 130,000 mt from the previous week, and a decrease of 3.11 million mt from the same period last year. Shipments that departed Australian ports were estimated to decrease 170,000 mt week on week to 16.53 million mt, and that from Brazilian ports increased 670,000 million mt to 7.79 million mt on a weekly basis, up 14.1 million mt on the year.