Australia Iron Ore Export Shipments Fell Marginally in Oct’17-Vessel Line Up Data

Monday 20 November 2017

Australia is the world’s largest Iron ore exporter. According to the vessel line up data maintained with SteelMint, Australia’s iron ore export has decreased by 5% M-o-M to 71.43 MnT in Oct 17 compared to 74.80 MnT in Sep’17.
Country-wise Australia iron ore Export For Oct’17:
China recoded highest imports from Australia in Oct’17 with 84% share. However it showed a decline of 5% M-o-M to 59.88 MnT in Oct’17 as compared to Sept’17 which stood at 62.9 MnT. Japan stood the second highest importer of Australian iron ore with 8.4% share in Oct’17, up 5% M-o-M to 5.99 MnT as against 5.72 MnT in Sep’17, followed by Korea (4.35 MnT) and Taiwan(0.49 MnT).

Port-Wise Australia Export  For Oct’17:
Headland was largest iron ore exporting port from Australia with 56% share .It was down 7% M-o-M to 40.28 MnT in Oct’17 against 43.38 MnT iron ore in Sep’17. Followed by Walcott with 24% share of iron ore export, up 2% M-o-M to 16.97 MnT in Oct’17 compared to 16.59 MnT in Sep’17.Country-Wise Australia iron ore Export For Jan-Oct’17:
China recorded highest share of exports from Australia for the duration of Jan-Oct’17 with 82.54% share at 570.39 MnT, followed by Japan with 61.44 MnT and Korea at 38.75 MnT.

Source Steel Mint powered by Keyvan Jafari Tehrani (JTC)

 

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