Australian Iron Ore and Coking Coal Exports Fall in August
Coal, Iron Ore
Australian iron ore exports fell by 0.1 Mt year-on-year to 77.8 Mt (wet basis) in August, data from the Australian Bureau of Statistics reveal. At 602.6 Mt, shipments in the first eight months of the year were 27.0 Mt above the corresponding period in 2019.
Australian steam coal exports (including anthracite) rose from their seven-year low of 14.4 Mt last month to 18.1 Mt in August, up 0.8 Mt year-on-year. Meanwhile, the country’s coking coal shipments fell on an annual basis for the fourth consecutive month in August (-1.3 Mt to 13.8 Mt), the first time they have done so since the end of 2017.