Iron-ore exports to China from Port Hedland drop 12% in July

8th August 2017 By: Reuters

SYDNEY – Iron-ore shipments to China from Australia's Port Hedland terminal dropped 12% to 32.03-million tonnes in July from 36.6-million tonnes in June, port data released on Tuesday showed.

Overall iron-ore shipments from the world's biggest export terminal for the steelmaking raw material dipped to 37.9-million tonnes from 43.1-million tonnes in June, according to the Pilbara Ports Authority.

Port Hedland is used by three of Australia's top four iron-ore miners, BHP Billiton, Fortescue Metals Group and Gina Rinehart's Hancock Prospecting.

Rio Tinto uses the nearby Dampier and Cape Lambert ports to ship iron-ore.