Western Australia’s Port Hedland the world’s largest bulk export terminal exported around 39.09 MnT iron ore in Mar’17.
The volume of exports from Port Hedland was up by 10% M-o-M compared with Feb’17 which was 35.67 MnT. However Y-o-Y the exports were down by 1% as it was 39.5 MnT in the corresponding month last year.
For the first quarter of 2017 iron ore exports from Port Hedland were recorded 5% up at 115 MnT against 110 MnT in the first three months of 2016.
In Mar’17, Port Hedland shipped around 81% share of iron ore to China. China, being the largest export destination, imported 31.5 MnT iron ore in Mar’17 against 30.19 MnT in Feb’16. Exports to China were up by 4% M-o-M but down 3% Y-o-Y compared with March’16.
On similar lines exports to South Korea grew by 69% Y-o-Y to 3.57 MnT over 2.12 MnT last year for the same month, while exports to Japan dropped by 18% to 2.11 MnT from 2.57 MnT in Mar’16. However Taiwan exports were drastically down by 80% Y-o-Y for the month of March at 0.16 MnT against 0.79 MnT in Mar’16,
Port Hedland has delivered a total throughput of around 479 MnT iron ore in 2016 and 446 MnT in 2015. BHP Billiton and FMG (Fortescue Metals Group) exports iron ore mainly from Australia’s Port Hedland, while Rio Tinto ships from Port Dampier.
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