World iron ore & pellet export shipments fall 5% m-o-m in Nov ’20

World’s iron ore and pellet export shipments in Nov ’20 was recorded around 114 mn t, as per SteelMint’s customs data. Exports fell by around 5.3% m-o-m against 120.3 mn t in Oct ’20. Exports from Australia recorded a fall amid maintenance activities at ports. SteelMint expects iron ore exports (including pellets) to increase to 1,521 mn t in CY ’20 against 1,464.5 mn t in CY ’19.