[SMM Shipping Data] global iron ore total shipments were 32.88 million mt, down 0.6% WoW

Last week (2024.11.18-2024.11.22)

SMM global iron ore total shipments were 32.88 million mt, down 0.6% WoW. Shipments from Australia were 17.37 million mt, down 4.1% WoW; shipments from Australia to China were 14.33 million mt, accounting for 82.5% of Australia's total shipments, down 4.8% WoW. Shipments from Brazil were 7.97 million mt, up 5.5% WoW; shipments from Brazil to China were 4.11 million mt, accounting for 51.6% of Brazil's total shipments, up 1% WoW.

By mine, the total shipments from the four major mines last week were 16.73 million mt, down 1.12 million mt WoW.

By variety, the total shipments of the four varieties of iron ore last week were 32.33 million mt, up 640,000 mt WoW.

Port Arrival Data

SMM iron ore port arrivals in China totaled 26.39 million mt, down 0.15% WoW.

By variety, the total port arrivals of the four varieties of iron ore last week were 25.97 million mt, down 170,000 mt WoW.