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11 Nov
07:32

Port Hedland iron ore shipments hold in October

Port Hedland's iron ore shipments were basically flat in October, but the sluggish Chinese steel market led to a drop in demand from Chinese buyers, Kallanish notes. According to Pilbara Ports Authority data, Port Hedland iron ore exports last month declined by just 0.6% month-on-month but increased by 0.5% year-on-year to 46.7 million tonnes. This includes 39.1mt of iron ore shipped to China, up by 1.2% from September but down 1.6% on-year. As the winte…
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