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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.
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