[SMM Weekly Shipping Data] SMM Global Iron Ore Shipments Total 27.71 Million mt, Down 16.9% WoW

Shipping Data

Last Week (2024.12.2-2024.12.6)

SMM global iron ore total shipments were 27.71 million mt, down 16.9% WoW. Shipments from Australia were 15.13 million mt, down 15.3% WoW; shipments from Australia to China were 12.57 million mt, accounting for 83.1% of Australia's total shipments, down 9.4% WoW. Shipments from Brazil were 5.64 million mt, down 35% WoW; shipments from Brazil to China were 1.77 million mt, accounting for 31.4% of Brazil's total shipments, down 49.6% WoW.

By miner, the total shipments from the four major miners last week were 15.09 million mt, a decrease of 2.45 million mt WoW.

By variety, the total shipments of the four varieties last week were 26.79 million mt, a decrease of 5.64 million mt WoW.

Port Arrival Data

SMM iron ore port arrivals in China totaled 27.91 million mt, up 11.64% WoW.

By variety, the total port arrivals of the four varieties last week were 27.61 million mt, an increase of 3.01 million mt WoW.