Industry News

Iron ore export volumes unlikely to increase in 2021, keeping prices bullish: Platts Analytics

Views : 194
Update time : 2021-05-07 17:17:45
Melbourne — Iron ore exports from Australia and Brazil are always lower in the January-March quarter due to weather factors, but they were particularly weak in 2021 -- and that tepid performance was compounded by a further decline in April.

Australia's Fortescue Metals Group shipped the same volume in calendar Q1 as it did a year ago, while BHP's exports were the weakest for two years and Rio Tinto's were the lowest in a year.

Brazilian Vale's iron ore and pellet exports fell 25 million mt in calendar Q1 from the December quarter due to operational issues and maintenance at its S11D mine, according to company reports.

Related News
Read More >>
ASI certifies MinTa Aluminum Technology against Performance Standard V3 ASI certifies MinTa Aluminum Technology against Performance Standard V3
Jun .09.2025
ASI certifies MinTa Aluminum Technology against Performance Standard V3
Rio Tinto seeks government salvation for Tomago Smelter as energy costs keep surging Rio Tinto seeks government salvation for Tomago Smelter as energy costs keep surging
Jun .09.2025
Rio Tinto seeks government salvation for Tomago Smelter as energy costs keep surging
Mining and downstream investments pillars of economic growth in Ketapang Mining and downstream investments pillars of economic growth in Ketapang
Jun .09.2025
Mining and downstream investments pillars of economic growth in Ketapang
The alumina fundamentals are relatively loose, and the spot price may remain in the doldrums in the short term The alumina fundamentals are relatively loose, and the spot price may remain in the doldrums in the short term
Jun .09.2025
The alumina fundamentals are relatively loose, and the spot price may remain in the doldrums in the short term