Iron ore exports via Port Hedland up 11.7 percent in December from November

Friday, 08 January 2021 15:57:24 (GMT+3)   |   Istanbul

In December last year, iron ore shipments from Australia’s Port Hedland increased by 11.7 percent compared to November and were down by 1.8 percent year on year, totaling 46.50 million mt.

According to the information released by Port Hedland Port Authority, in December iron ore shipments made from Port Hedland to China amounted to 39.96 million mt, increasing by 16 percent compared to the previous month and down by 3.5 percent year on year. South Korea and Japan followed China in December, receiving 2.78 million mt and 2.33 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.

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Iron ore prices expected to remain above $100/mt until mid-2021