[SMM Steel Market Morning Briefing] Global iron ore shipments down 14% MoM, China's steel exports up 8% MoM

Source Summary

As of last week, total global iron ore shipments reached 30.381 million mt, down 14% WoW, and cumulative shipments for the year reached 902.6104 million mt, up 2% YoY; among these, both Australia's and Brazil's shipments experienced notable declines. Over the same period, China's iron ore port arrivals were 25.015 million mt, down 13% WoW, and cumulative port arrivals for the year reached 521.3448 million mt, up 4% YoY...