Global Iron Ore Shipments Rose, With Australia And Brazil Both Contributing To The Growth

SMM data showed that global iron ore shipments totaled 30.84 million mt last week, an increase of 7% WoW.

Among them, Australia shipped 18.28 million mt, a weekly increase of 5.4%, of which 15.43 million mt was sent to China, accounting for 84.4% of Australia's total shipments, an increase of 15.8%.

Brazil shipped 6.28 million mt, a weekly increase of 16.9%, with 266 mt to China, accounting for 42.4% of Brazil's total shipments, a decrease of 17.9%.