Port Hedland iron ore volumes surge again

Wednesday 3 September 2014

Port Hedland has released its August shipping data, which revealed a continued ramp-up in volumes, with 37.4 million tonnes shipped on the month, up 3.6% from July and 36% higher than August 2013 (see next chart).

The proportion of shipments going to China was 86% in August, and is up some 5% since the beginning of the year:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.