Australian Iron Ore & Coal Exports
Coal, Iron Ore
Australian iron ore exports (wet basis) were up 8.2 Mt year-on-year in February at 61.5 Mt, according to Australian Bureau of Statistics data. However, this was still the lowest monthly export total since February 2014. Australian coal exports fell to a 22-month low of 28.6 Mt in February, although they were only down 0.5 Mt year-on-year, according to Australian Bureau of Statistics data. Coking coal outbound shipments totalled 12.9 Mt in February, up 0.1 Mt year-on-year, while steam coal exports were down 0.6 Mt at 15.6 Mt.