Australia iron ore export shipments up 3% y-o-y in CY’20

Australia’s iron ore export shipments were recorded at 874.96 mn t for CY’20. Shipments increased by 3% as against 848.15 mn t in CY’19, according to the vessel line up data maintained with SteelMint. China stood the largest importer at 728.4 mn t (up 4% y-o-y) followed by South Korea at 58.80 mn t.