Tag: Global iron ore exports dip 4% y-o-y in Q1CY’25
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Global iron ore exports dip 4% y-o-y in Q1CY’25
Global iron ore exports (including pellets and concentrates) edged down by 4% y-o-y to 362 million tonnes (mnt) in Q1CY’25 (January-March 2025) against 378 mnt in the corresponding period last year. The drop was triggered by lower shipments from Australia and India, while Chinese mills also showed limited interest in sourcing material. BigMint goes behind…