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New High for Port Hedland Iron Ore Throughput in June

Iron Ore

Port Hedland iron ore exports rose by 4.2 Mt year-on-year in June to a record 47.3 Mt, the eighth consecutive month of annual growth, as shipments to China (+3.1 to 39.7 Mt) rose strongly, port authority data show. By contrast, exports from Dampier dropped to a three-month low of 11.9 Mt in June, although still up by 2.8 Mt on June last year. At 328.2 Mt, 1h18 exports from the two ports combined were up by 18.5 Mt on the 1h17.