Tag: Australia iron ore exports
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Australia iron ore export shipments up moderately in May’20
Australia – world’s largest iron ore exporter has recorded iron ore shipment at 75.29 mnt for May’20, up slightly against 74.61 mnt in Apr’20, according to the vessel line up data maintained with SteelMint. The Chinese mills resumed production post lockdown and witnessed recovery in construction activities. However, amid lower steel margins Chinese mills preference…