In October this year, iron ore shipments from Australia's Port Hedland decreased by 7.6 percent compared to September and were down by two percent year on year, totaling 40.17 million metric tons.
According to the information released by Port Hedland Port Authority, in October iron ore shipments made from Port Hedland to China amounted to 32.78 million metric tons, falling by 12.3 percent compared to the previous month and decreasing by 6.8 percent year on year. South Korea and Japan followed China in October, receiving 3.69 million mt and 2.41 million mt respectively.
Port Hedland handles production from mines owned by BHP Billiton, Atlas Iron and Fortescue Metals Group in the iron ore-rich Pilbara region of Western Australia.