Iron ore shipments from Australia's Port Hedland, one of the
world's largest export terminals, eased to 19.8 million tonnes in November from
19.9 million in October, data released by the port authority showed on Monday.
Shipments to China, the port's biggest destination were
steady at 14.7 million tonnes in November, according to the data.
Iron ore with 62 percent iron content stood at $139.60/MT on
Wednesday, cost and freight delivered to China.
Prices have been on an uptrend over the last week, which
traders attribute to Chinese mills returning to the market.
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