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The figures suggest that, rather than a uniformdecline on the global supply side, production centers are gradually becoming more diversified.

World crude steel production for the 70 countries reporting to the World Steel Association (worldsteel) was 140.1 million tonnes (Mt) in November 2025, a 4.6% decrease compared to November 2024.

Mr. Luo stated that the Corex Iron Ore Portside Index is formed based on actual port spot transactions

Fortescue has signed a technology development agreement with Taiyuan Iron and Steel

Australia has signed another international commitment, cementing the ongoing strategic importance of critical minerals in establishing secure supply chains for Western economies.

Feasibility studies are underway at the Rhodes Ridge joint venture – set to assess the development of an operation expected to produce around 40 million tonnes of iron a year.

According to China General Custom Notice , from Jan 1,2026 , Chinese Export Companies have to apply export license on Iron and Steel Products.

Chinese iron and steel products export will be administered by Export Lisence from Jan 1.2026 According to China General Custom Notice , from Jan 1,2026 , Chinese Export Companies have to apply export license on Iron and Steel Products.