Global iron ore shipments fall over 15% as Australia falters, offset by Brazil gains

Source: BigMint Apr 07, 2026 09:00

Australia shock hits flows; Brazil cushions the fall. Resumption of operations to unlock deferred volumes

Global iron ore export shipments declined 17% w-o-w to 22.95 million tonnes (mnt) in the week ended 27 March, from 27.66 mnt a week earlier, according to data. A sharp drop in Australian shipments due to cyclone disruptions weighed on volumes, even as Brazil, Canada, and Peru saw recoveries,

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