Global iron ore export volumes inched up a mere 2% to around 1,605 million tonnes (mnt) in calendar 2024 (CY’24) against 1,569 mnt recorded in CY’23. Australia remained the largest exporter with 866 mnt, up a modest 1.4% followed by Brazil with 390 mnt and South Africa at 61 mnt, up 2.6% and 3.4% respectively.
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