Iron ore exports from Australia's Port Hedland climbed to an all-time high in June as miners in the largest shipper increased low-cost output, hurting the outlook for prices as steel production slows in China.
Total shipments jumped 14 per cent to 38.4 million metric tons last month from a year earlier, according to the Pilbara Ports Authority. That exceeded the previous record of 38 million tons in May, according to authority data compiled by Bloomberg. Exports to China were 32.6 million tons in June, also a record.
http://www.smh.com.au/business/mini...rts-surge-to-record-high-20150702-gi430n.html
Iron Ore Price, page-223
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