Last Week (2024.12.9-2024.12.13)
SMM global iron ore shipments totaled 31.96 million mt, up 15.3% WoW. Shipments from Australia reached 18.59 million mt, a significant increase of 22.9% WoW; shipments from Australia to China were 15.14 million mt, accounting for 81.4% of Australia's total shipments, up 20.4% WoW. Shipments from Brazil were 6.28 million mt, up 11.3% WoW; shipments from Brazil to China were 2.42 million mt, accounting for 38.5% of Brazil's total shipments, with a significant increase of 36.7% WoW.
By mine, the total shipments from the four major miners were 18.54 million mt, an increase of 3.46 million mt WoW.
By product type, the total shipments of the four product types were 30.82 million mt, an increase of 4.02 million mt WoW.
SMM iron ore port arrivals at Chinese ports totaled 27.95 million mt, a slight increase of 0.14% WoW.
By product type, the total port arrivals of the four product types were 27.35 million mt, a decrease of 250,000 mt WoW.