Tag: Global iron ore export shipments
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Global iron ore shipments rise w-o-w on Australia surge; freight market sentiment remains mixed
Australia-led rebound lifts volumes; Brazil softens Pacific freight gains capped by oversupply, logistics constraints Global iron ore export shipments rose 8.3% w-o-w to 27.6 million tonnes (mnt) in the week ended 10 April, from 25.5 mnt a week earlier, according to BigMint data. Gains were driven by a sharp rebound in Australian shipments on improved…