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iron-investing

Port Hedland’s February Iron Ore Exports to China Hit 21.34 Million Tonnes

Charlotte McLeod
Mar. 06, 2014 11:06AM PST
Base Metals Investing

Reuters reported that iron ore exports to China from Australia’s Port Hedland rose to 21.34 million tonnes in February, up 36 percent from the year-ago period. In the previous month, they came to a total of 23.31 million tonnes.

Reuters reported that iron ore exports to China from Australia’s Port Hedland rose to 21.34 million tonnes in February, up 36 percent from the year-ago period. In the previous month, they came to a total of 23.31 million tonnes.

As quoted in the market news:

Iron ore shipments to Japan picked up to 2.7 million tonnes in February, from 1.43 million the previous month and 2.25 million in February last year.

Shipments to South Korea were at 2.61 million, from 2.74 million in January and 1.39 million in the same month of 2013.

Overall, Port Hedland iron ore exports totalled 27.79 million tonnes, compared with 28.23 million in January and 19.9 million a year ago.

Click here to read the full Reuters report.

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