Iron Glut to Persist With Third-Largest Exports From HedlandBy
Shipments may push up port inventories in China, Shenhua says
Port Hedland in Australia handles cargoes from BHP, Fortescue
Iron ore shipments from Australia’s Port Hedland, the world’s largest bulk-export terminal, expanded to the third-highest level on record, signaling that a global surplus is set to persist.
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