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Dry Bulk Political Risk and Trade Guinea

Simandou ships record volume of iron ore

  • Record April output confirms Simandou’s long‑awaited acceleration, with 1.2m tonnes shipped
  • Global iron ore flows increased 7% in April 2026 compared to the same month last year

  • News

Simandou’s long‑awaited ramp‑up is finally taking shape, with record April shipments feeding China’s swelling iron ore inventories. The shift that could squeeze Australian exporters even as rising tonne-miles bolster capesize demand. But looming Guinean export controls and a potential bauxite ban threaten to upend that momentum in coming months

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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