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Global iron ore shipments hit 3-week low amid weak freight fundamentals, outlook uncertain

Source: BigMint Jan 19, 2026 08:30
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Iron Ore Global
Brazil and India pullbacks outweigh resilient Australian exports. Weak post-holiday freights pressure long-haul shipments
Global seaborne iron ore exports declined 12.6% w-o-w to 29.5 million tonnes (mnt) in the week ended 9 January, down from 33.7 mnt in week 01 (27 December-02 January), according to vessel line-up data. The decline marked a clear post-holiday correction, as cargo nominations slowed across major exporting regions

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