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Canadian Iron Ore Exports in July
Canadian iron ore exports (excl. cargoes to the US) climbed to an eleven-month high of 4.0 Mt in July, up by 0.6 Mt year-on-year, as shipments to China increased (+0.3 Mt to 0.7 Mt) according to the Tex Report. Nevertheless, weaker exports earlier in the year meant January-July shipments were down by 0.6 Mt on the same period last year at 22.3 Mt.