Trade Resources Industry Trends Australian Iron Ore Export Growth in April

Australian Iron Ore Export Growth in April

In April 2013, due to the Chinese market supplement iron ore with lowest price, one of the world's largest iron ore export port - the Hedland export iron ore quantity is more than a 4% month-on-month in March.

Australian Iron Ore Export Growth in April

In April, Australia's exports to China of iron ore total volume increased by 1%. In addition, South Korea and China Taiwan also import more quantity of iron ore from Australia.

The Hedland port is belongs to BHP Billiton (BHP Billiton) and Rio Tinto (Rio Tinto) and ford, Metals group (Fortescue Metals).

After Australian iron ore producer expand production last year, in April this year, the Hedland port exports iron ore year-on-year growth of 26%, amount of iron ore to China increased 30% year on year.

On Thursday (May 2nd), the Hedland port daily exports hit a record high, breaking the previous record of 255000 tonnes of iron ore exports.

 

Written by Dora Men

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Topics: Metallurgy