Port Hedland Iron-Ore Exports Rise
January 07 2014 - 4:15PM
Dow Jones News
By Rhiannon Hoyle
SYDNEY--Iron-ore exports from Australia's Port Hedland rose 5%
in December despite a tropical cyclone that temporarily halted
shipments late in the month.
A total of 29.5 million metric tons of the bulk steelmaking
commodity were shipped last month from the port, the world's
largest iron-ore export facility, up from 28.1 million the previous
month, according to data from the port authority.
Exports to China, the world's largest buyer of the raw material,
rose to 24.2 million tons, from 22.3 million in November, it
said.
Shipments from the port were disrupted late in December as
Cyclone Christine battered the Western Australian coast with
destructive winds and heavy rainfall.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
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