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Growth in Brazilian iron ore exports lifts global shipments

At over 10Mt/week, iron ore exports from Brazil reached a new record!

Through Aug’25, Brazilian iron ore exports climbed from 7.2Mt/wk to a record 10.6Mt/wk last week — the strongest since the 2019 Brumadinho disaster.

Graph in IG brand colours showing growth in Brazilian iron ore exports and global iron ore shipments.

Combined with a mild West African rain season, this lifted global iron ore & bauxite shipments to 46.1Mt/wk, just -0.5Mt shy of the Jun’24 record.

Abundant iron ore supply has weighed on prices, with Sep’25 CFR China testing 100$/t for the first time in three weeks, creating room for opportunistic restocking in Asia.

For further insights, contact: research@IfchorGalbraiths.com.