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19 Jul
06:39

Port Hedland iron ore shipments rise in June

Although the Chinese steel market cooled down in June, Port Hedland's iron ore shipments continued to rise last month on strong demand, Kallanish notes. Pilbara Ports Authority data shows Port Hedland achieved 50.4 million tonnes of iron ore shipments in June, up by 4.8% compared to May but a decline of 2.7% year-on-year. Iron ore shipments to China continue to grow, but the growth rate has slowed. During the reporting period, 42mt of iron…
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