Iron ore exports to China surge

CHINA remains the destination of choice for iron ore producers, with combined iron ore exports from Australia, Brazil and India to the Asian nation tipped to jump 32% year-on-year in the first quarter of 2009, according to Macquarie Research.

Iron ore exports to China surge Iron ore exports to China surge Iron ore exports to China surge Iron ore exports to China surge Iron ore exports to China surge

In its commodities comment, “Massive surge in iron exports to China”, Macquarie Research said that a plunge in demand for iron ore outside of China has resulted in iron ore producers diverting

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