iron ore export - Latest news GMK Center

Imports fell by 11% last year

Strong demand from China and rising prices supported shipments of ore and pellets

The decline in exports to China in 2026 may be partially offset by growth in shipments to the EU

The decline in supplies from Australia and Brazil was only partially offset by India and South Africa amid a weak global economy

India increased shipments after the rainy season, while South Afrihttps://gmk.center/wp-admin/edit.php?post_type=newsca reduced exports

The country seeks to secure raw materials for local metallurgists and lower prices

To China 60.4 million t have been shipped during the period

Revenues from these exports fell by 8.8% y/y due to lower prices

Average export prices for this raw material fell to $63.7/t FOB during the period

Unfavorable environment worsens foreign trade statistics of Ukrainian steel industry

Exports amounted to 3.13 million tonnes

Australia exported 866 million tons of this raw material last year