Australian Iron Ore and Coal Exports in January
Coal, Iron Ore
At 71.0 Mt, Australian iron ore (wet basis) exports climbed by 3.2 Mt year-on-year in January, data from the Australian Bureau of Statistics reveal. Despite this, outbound shipments were still an eleven-month low.
Meanwhile, total exports of Australian coal fell by 2.5 Mt annually to 30.5 Mt in January. The fall featured a 1.6 Mt decline in steam coal exports to 16.6 Mt, while shipments of coking coal were down 0.9 Mt to 13.9 Mt.