Port Hedland iron ore export to China down to six month low
BRecorder reported that iron ore shipments to China in January from Australia’s Port Hedland terminal fell 11.3 % from a month ago to 34.7 million tonnes, their lowest since July. port data released showed that compares with 39.1 million tonnes in December. January imports were 0.6 % higher than a year ago.
It said that total January iron ore shipments from the world’s biggest export terminal for the steelmaking raw material totalled 41.1 million tonnes versus 46.2 million tonnes the previous month.
Port Hedland is used by three of Australia’s top four iron ore miners, BHP,, Fortescue Metals Group and Gina Rinehart’s Hancock Prospecting. Rio Tinto , uses the nearby Dampier and Cape Lambert ports to ship iron ore.
It said that total January iron ore shipments from the world’s biggest export terminal for the steelmaking raw material totalled 41.1 million tonnes versus 46.2 million tonnes the previous month.
Port Hedland is used by three of Australia’s top four iron ore miners, BHP,, Fortescue Metals Group and Gina Rinehart’s Hancock Prospecting. Rio Tinto , uses the nearby Dampier and Cape Lambert ports to ship iron ore.
Posted By : Amom Remju on Thu, 08 Feb 2018