Iron Ore Supply Declines, Profits May Rise

Published: Jun 17, 2025 09:35

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On June 17, according to SMM's Cost and Profit Statement for Imported Ore, the profit from imported ore was basically flat MoM. SMM's weekly shipping data showed that global iron ore shipments fell by 4% MoM last week, with declines in shipments from Australia and Brazil, as well as non-mainstream suppliers. However, shipments from India increased slightly. Port arrivals also decreased by 4.76% MoM. Shipments in June have been hovering at a medium level, and the overall increase in supply may fall short of expectations. The short-term supply pressure is relatively small, and the supply-demand imbalance is relatively small, providing support for ore prices. It is expected that there will be a slight upward space for the profit from imported ore in the short term.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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