Iron-ore shipments to China up 1% in Dec-Pilbara Ports

Iron-ore shipments to China through Australia's Port Hedland rose 1% in December despite the spot price for the steelmaking ingredient dropping to its lowest on record and a gloomy outlook heading into the new year. Shipments to China from the port reached 32.17-million tonnes in December versus 31.73-million tonnes in November, Pilbara Ports Authority figures released on Wednesday showed.