Port Hedland sets new daily iron ore shipment record

Australia’s Port Hedland has exported more than two million tonnes of iron ore in 24 hours for the first time.

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

“The milestone was achieved on the morning and evening tide on April 28 2014, resulting in a total of 2.028 million tonnes exported,” the Port Hedland Port Authority said on Tuesday April 29.

The morning tide saw 1.026 million tonnes of iron ore being shipped out on five vessels while the evening tide saw 1.002 million tonnes sailing out on six vessels.

April also witnessed another milestone: On April 6, 1.111 million tonnes of iron ore was exported on a single tide, a record high.

The port authority has yet to release its full statistics for April, but market participants expect volumes to reach a new high.

Port Hedland exported 27.04 million tonnes of iron ore to China in March, up 27% from a month earlier. Total exports were up by a similar amount over the same period at 34.4 million tonnes.

What to read next
Any bolstering effect on US ferrous scrap exports from the up-month in February’s domestic trade will be tempered in the immediate aftermath of two earthquakes in Turkey — the country’s largest importing region — on Monday, February 6
Steel trading and production have come to a halt in the eastern Turkish region of Iskenderun following a devastating earthquake that hit the region on Monday February 6 and put mills in the area under force majeure, sources told Fastmarkets on Tuesday
A 120-day closure of four Illinois dams scheduled for 2023 will disrupt barge shipments and have potentially both negative and positive impacts on scrap and finished steel products from Canada to Texas
Market participants are cautiously optimistic about a rebound in iron ore concentrate premiums, with steelmakers around the world set to ramp-up production in line with an anticipated increase in demand for steel products, Fastmarkets understands
General Motors (GM) is investing $650 million to develop the Thacker Pass mine in Nevada, the largest known source of lithium in the US and the third largest in the world
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
Proceed