[SMM Shipping Data] SMM global iron ore shipments totaled 31.87 million mt, down 2.8% WoW

Shipment Data

Last week (2024.7.27-2024.8.2)

SMM global iron ore shipments were 31.87 million mt, down 2.8% WoW. Shipments from Australia were 16.75 million mt, down 7.3%; shipments from Australia to China were 14.45 million mt (82.1% of Australia's total shipments), down 4.8%. Shipments from Brazil were 8.24 million mt, up 14%; shipments from Brazil to China were 4.65 million mt (56.4% of Brazil's total shipments), up 98.7%.

By mine, the total shipments from the four major mines last week were 17.45 million mt, up 40,000 mt WoW.

By product type, the total shipments of the four types last week were 31.2 million mt, down 920,000 mt.

Arrival Data

#Overview of Last Week#

SMM China's total iron ore port arrivals were 26.11 million mt, up 33.22% WoW.

By variety, the total port arrivals of the four varieties last week were 26.08 million mt, up 6.62 million mt.