Dry Bulk Market: China’s Iron Ore Demand Stronger in 2026

AI Summary

China's iron ore imports have increased in 2026 compared to last year, continuing the positive trend in global seaborne iron ore trade. Global iron ore loadings grew by 3.5% year-on-year in 2025, reaching 1,732.0 million tonnes, indicating strong demand.

China’s iron ore imports so far in 2026 have been on the rise compared to last year. In its latest weekly report, shipbroker Banchero Costa said that “2025 was another positive year for global seaborne iron ore trade. In Jan-Dec 2025, global loadings of iron ore increased by +3.5% y-o-y to 1,732.0 mln tonnes, based ...