Global iron ore exports are seen dropping by 5.50% in calendar 2022 (CY22) to around 1,447 million tonnes (mnt) against 1,532 mnt recorded in 2021, reveals data maintained with SteelMint. The top three exporters through the year have been Australia, Brazil and South Africa. While exports from Australia have been stable, others have not been so lucky, faced with their own challenges and widespread crude steel production declines seen across the globe. Australia is set to end the year with a leading 856 mnt, stable y-o-y.
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