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News Global Market Ore Exports Print 116 11 August 2026
Australia reduced iron ore exports by 11.8% MoM in July Read in EnglishЧитайте на русскомGalyna Ermolenko China remained the largest importer of Australian raw materials
In July 2026, Australia’s exports of iron ore and pellets decreased by 11.8% compared to June, reaching 72.5 million tons. This is according to BigMint ship data.
Compared to the same period in 2025, the figure fell by 1.5%.
China remained the main importer of Australian iron ore in July (60.4 million tons), followed by Japan (4.4 million tons) and South Korea (3.6 million tons). Rio Tinto became the leading exporter, shipping 25.9 million tons abroad. BHP accounted for 25.1 million tons, and FMG for 15.9 million tons.
The decline in July’s figure is a result of iron ore restrictions imposed by the Chinese state buyer CMRG. Additionally, demand was limited by a seasonal slowdown in the steel industry.
Meanwhile, Brazil increased its iron ore exports by 1.5% MoM in July to 36.33 million tons, but on an annual basis, the figure decreased by 6%.
China also remained the largest importer (25.64 million tons), followed by Japan (1.1 million tons) and Malaysia (1.01 million tons).
The slight increase in iron ore exports from Brazil was supported by an improved shipping schedule and stable shipments from major mining complexes. Moreover, Brazilian fine ore of medium and high grade continued to attract Asian buyers.
We remind you that the China Iron and Steel Association (CISA) is calling for the expanded use of yuan-denominated index prices in the iron ore market. They note that such a move would more accurately reflect the real balance of supply and demand in China, the world’s largest consumer of this raw material.
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