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Global iron ore shipments reached 39.3Mt/wk last week, the second strongest week in 2025.
Supply has been robust, with 3 of the past 5 weeks ranking as the year’s strongest.
The +20% WoW rebound was driven by rising Australian shipments since late Jul’25 and the recovery of Brazilian exports after port maintenance at Ponta da Madeira.
With China’s demand outlook uncertain and CFR prices holding above 100$/t, iron ore miners seem content to cash in on current strength. For further insights, contact: research@IfchorGalbraiths.com.
