Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Australia’s iron ore shipments to China increased by 16pc in December 2020 to 40mn mt from 34.4mn mt in November, according to the Pilbara Ports Authority. 

 

Port Hedland shipped a total of 46.5mn mt of iron ore last month, up 11pc compared with 41.6mn mt in November 2020, despite a 26-hour shutdown of the port on Dec 10 due to cyclonic weather. 

 

The port handles shipments for Australia’s largest iron ore miners such as BHP and Fortescue Metals Group, with a majority of the cargo destined for China. 

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