iron ore export - Latest news GMK Center

Guinean ore is not yet set to replace Brazilian ore in China due to its high alumina content

Exports to China for the period totalled 67.4 million tonnes

The growth was driven by increased demand from China

At the same time, pellet exports last month rose by 32% compared to March

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

This was due to a 31% y/y decline in iron ore exports

The National Bank of Ukraine expects export volumes to recover this year

Compared to the same period in 2025, shipments decreased by 4%

Exports of these products, in particular, were slowed by the decline in steel production in China

Compared to December 2025, the indicator decreased by 22.7%

Compared to December, the indicator decreased by 11.4%

At the same time, iron ore exports fell by 5.5%