Western Australia’s Port Hedland the world’s largest bulk export terminal exported around 41.4 MnT iron ore in Nov’16.
The volume of exports from Port Hedland slightly down by 1% M-o-M as compared to Oct’16 as it was 41.6 MnT. However, on Y-o-Y basis, exports rose by 11% as it was 37.3 MnT in the same consecutive month last year.
In the first 11 months of 2016, iron ore exports from Port Hedland was recorded at 434.9 MnT, up by 6.5% as compared to 408.1 MnT in the same period last year.
In Nov’16, Port Hedland shipped around 81% share of iron ore to China. China, being the largest export destination, imported 33.6 MnT iron ore in Nov’16 against 35 MnT in Oct’16. Exports to China fell by 4% M-o-M and moved up 6% Y-o-Y.
However, on Y-o-Y basis, exports to South Korea remained all time high at 3.9 MnT (up by 38.7%), while exports to Japan rose by 17.7% to 1.81 MnT. Taiwan exports remained at 0.87 MnT, up by 35.2% from a year earlier and highest since Dec’14.
Port Hedland has delivered a total throughput of around 446 MnT iron ore in 2015 and 414 MnT in 2014. BHP Billiton and FMG (Fortescue Metals Group) exports iron ore mainly from Australia’s Port Hedland, while Rio Tinto ships from Port Dampier. 

Leave a Reply