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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Atlas Iron Fpo (delisted) | ASX:AGO | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.045 | 0.045 | 0.046 | 0.00 | 01:00:00 |
By Stephen Bell Special to Dow Jones Newswires
PERTH--Iron-ore exports from Australia's Port Hedland fell in September, as shipments to China eased, port authority figures showed Thursday.
Exports from Port Hedland, one of the world's largest iron-ore terminals, fell 13% from August to 19.9 million metric tons. The port is the hub most used by BHP Billiton Ltd. (BHP) for its iron-ore exports. Fortescue Metals Group Ltd. (FMG.AU) and Atlas Iron Ltd. (AGO.AU) also ship from there.
Demand for iron ore from China, the world's biggest importer of the steelmaking ingredient, has been falling in tandem with an economic slowdown.
Port Hedland shipped 15.1 million tons--or 76% of total volume shipped--to China in September, down from 16.7 million tons a month earlier, the port authority said.
Shipments from the port to other key export markets, including Japan and South Korea, also fell, it said.
Write to Stephen Bell at djnews@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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