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Global iron ore exports rose sharply after the Chinese New Year holidays

Global iron ore exports rose sharply after the Chinese New Year holidays
Global iron ore exports increased sharply to 28.7 million tons between February 14 and February 20, 2026 (week 08), up 49% from 19.31 million tons (week 07) in the previous week, reflecting a strong recovery after the holidays.

The growth was driven by the resumption of consumer activity in China after the Lunar New Year break, which contributed to increased shipments from major export centers such as Australia and Brazil. However, shipments from India remained muted, limiting recovery on a broader basis.

Trends by country (million mt)

0.7 0:10 49:45
CountryWeek 8 (February 14-20, 2026)Week 7(February 7-13, 2026)Weekly change (%)
Australia18.910.973.2
Brezil6.85.523.1
Canada0.818.5(18.5) 0:24)
South Africa1.21.113.8
India0.50.6-18
Chile0.00.2
Peru0.40.347.5
Total28.719.3

  • Australia:Weakening of cyclones and

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