Tag: Australia iron ore export
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Global iron ore shipments fall over 15% as Australia falters, offset by Brazil gains
Australia shock hits flows; Brazil cushions the fall Resumption of operations to unlock deferred volumes Global iron ore export shipments declined 17% w-o-w to 22.95 million tonnes (mnt) in the week ended 27 March, from 27.66 mnt a week earlier, according to BigMint data. A sharp drop in Australian shipments due to cyclone disruptions weighed…