Rise in Aussie Iron Ore Export to China
World Economy

Rise in Aussie Iron Ore Export to China

Iron ore shipments to China from Australia’s Port Hedland, used by miners such as BHP Billiton, rose nearly 12% in March, data showed on Tuesday, Reuters said. Exports to China from the port—the world’s largest of its kind—reached 32.59 million tons in March, up from the 29.14 million tons in February, Pilbara Port authority figures showed. Stronger Australian iron ore exports helped underpin an upturn in prices for the steelmaking raw material. Iron ore ended January-March with a 24% gain after pushing above $50 a ton.

Short URL : http://goo.gl/ApcFbZ
  1. http://goo.gl/M1rnr6
  • http://goo.gl/9JAKQ2
  • http://goo.gl/7kqlYD
  • http://goo.gl/bOzX0k
  • http://goo.gl/vcYxhq

You can also read ...

The World Bank forecasts Russia's economy will grow by 1.7% this year and next, and by 1.8% in 2019.
The economy in Europe and Central Asia will grow 2.2% in 2017...
US Unfreezes Sudan Bank A/Cs
The United States has unfrozen bank accounts in Sudan after...
Participants pose for a family photo during the opening ceremony of D8 Organization for Economic Cooperation Summit in Istanbul on Oct. 20.
Turkey's Foreign Minister Mevlut Cavusoglu on Thursday said...
GM Closure Ends Australia’s Car Manufacturing Industry
Australia’s near 100-year automotive industry ended on Friday...
Digital Changes to Better Shape Asean Economy
Member states of Asean must be ready to embrace technological...
Wall Street Banks Sound Alarm on Stock-Market Correction
The S&P 500 hasn't seen a correction in almost two years....
Italy Q3 Growth at 0.5%
Italy’s economic growth improved slightly in the third quarter...
Despite intensifying property curbs and higher mortgage rates, Chinese banks issued $664.70 billion of property loans in the first nine months of this year.
China's central bank governor has warned the country's...