Global iron ore exports fall 20% w-o-w as Middle East tensions disrupt loadings

Source: BigMint Mar 16, 2026 08:30

Shipments fall across major exporters; Peru records a modest rise. Freight rates strengthen on steady cargo demand and geopolitical uncertainties

Global iron ore export shipments declined 20% w-o-w to 24.2 million tonnes (mnt) in the week ended 6 March, compared with 30.3 mnt in the previous week, according to vessel-line up data. The decline was largely driven by lower exports from Brazil, Canada, South Africa, India, and Chile, while

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