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Australia - Latest news GMK Center

Photo – Australia saw iron ore exports rise by 7.8% y/y in 1H2026
Australia saw iron ore exports rise by 7.8% y/y in 1H2026

Over the same period, Brazil saw its exports fall by 3.8% y/y

Photo – Australia is imposing anti-dumping duties on flat-rolled steel from China and South Korea
Australia is imposing anti-dumping duties on flat-rolled steel from China and South Korea

The investigation was launched following a complaint from the Australian company BlueScope Steel

Photo – Prices for coking coal rose in June
Prices for coking coal rose in June

Towards the end of the month, the upward momentum in prices slowed

Photo – Australia increased exports of coking coal by 6% m/m in May
Australia increased exports of coking coal by 6% m/m in May

In five months, the country exported 59 million tonnes of coking coal

Photo – Global prices for coking coal rose at the end of May
Global prices for coking coal rose at the end of May

Market trends were altered by a fatal accident at a mine in the Chinese province of Shanxi

Photo – South Australia will provide additional funding for the Whyalla Steelworks
South Australia will provide additional funding for the Whyalla Steelworks

The state budget provides for funding of $228.5 million for the 2026/2027 financial year

Photo – Australia saw a 5.6% y/y increase in iron ore exports
Australia saw a 5.6% y/y increase in iron ore exports

Exports to China for the period totalled 67.4 million tonnes

Photo – Anglo American is exiting the coking coal mining business in Australia
Anglo American is exiting the coking coal mining business in Australia

The sale is expected to be finalized by the first quarter of 2027

Photo – Global prices for coking coal rose in mid-May
Global prices for coking coal rose in mid-May

In China, there is cautious optimism about the immediate outlook, while supply from Australia remains limited

Photo – Australia increased exports of coking coal by 20% y/y in April
Australia increased exports of coking coal by 20% y/y in April

Southeast Asia and South Korea could provide support for the market

Photo – Australia increased iron ore exports by 9.5% y/y in April
Australia increased iron ore exports by 9.5% y/y in April

China was the leading importer last month, accounting for 61.8 million tons of the total export volume of 76.4 million tons

Photo – Global prices for coking coal remain stable at the end of April
Global prices for coking coal remain stable at the end of April

Market sentiment depends on how the conflict in the Middle East unfolds

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