Australian Port Hedland’s iron ore exports rise back in Feb on demand recovery
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Update time : 2022-04-14 20:00:36
According to statistics from Pilbara Ports Authority, the iron ore exports in Port Hedland, one of the major iron ore exporting ports in Western Australia, totaled around 46.5 million tons in March, rising by nearly 18% compared to the previous month and also hiking by 1.97% from the same month a year ago. The rebounded iron ore export volume was mainly due to China’s demand recovery, which increased its iron ore utilization.
Among the shipment in March, the volume to China was up by 18.4% month on month to 39.5 million tons, and that to South Korea and Japan also have a month-on-month growth to 3.4 million tons and 2.46 million tons, respectively.
In the first quarter of this year, iron ore exports in Port Hedland grew by 6% year on year to nearly 134 million tons, boosted by the strong demand recovery.
