Shipments down again. I’ll need to recheck my table but this would be the lowest in the last three months...
WEEKLY: Aussie, Brazil iron ore shipments decline by 6%
Source:MysteelOct 22, 2019 11:12See Full-size Table Here
Iron ore shipments from Australia and Brazil to global destinations went down for the second consecutive week over October 14-20 to 19.7 million tonnes, 1.2 million tonnes or 5.8% lower than the previous week, as Australian and Brazilian iron ore both declined over the past week, Mysteel’s latest weekly survey showed.
Over the period, Australia’s iron ore shipment reversed down1.1 million tonnes or 7.6% on week to 13.7 million tonnes of iron ore. At the same time, the tonnage from Brazil also dipped by 87,000 tonnes or 1.4% on week to 5.9 million tonnes, with Vale’s volume declining by 203,000 tonnes
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