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    iron investing

    Port Hedland’s China Iron Ore Shipments Increase 22% in March

    Written by Investing News Network
    |
    Apr. 04, 2013 06:22PM PST

    Mining Weekly reported that Australia’s Port Hedland shipped 22% more iron ore to China in March compared to the previous month, a strong indicator of positive Chinese industrial activity.

    Mining Weekly reported that Australia’s Port Hedland shipped 22% more iron ore to China in March compared to the previous month, a strong indicator of positive Chinese industrial activity.

    As quoted in the market news:

    Shipments of ore to China climbed to 19.1-million tons in March, from 15.66-million tons in February, data from the Port Hedland Port Authority showed. Shipments were also up a hefty 37 percent on March last year.

    Click here to read the full Mining Weekly report.

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