Last week, seven major ports in Australia and Brazil saw iron ore inventories increase by 2.15 million tons week-on-week.

According to Mysteel satellite data, from March 30 to April 5, 2026, the total iron ore stock at seven major ports in Australia and Brazil was 14.89M tons, an increase of 2.15 million tons compared to the previous period, indicating a rebound in inventory levels. The current inventory level has risen to the highest point since the beginning of the year.

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