Rio Tinto(US:RIO) Jin Tou Wang·2025-10-14 07:06Group 1: Shipping and Supply Data - Global iron ore shipments totaled 32.075 million tons from October 6 to October 12, a decrease of 0.715 million tons week-on-week [1] - Shipments from Australia and Brazil amounted to 27.31 million tons, down by 0.949 million tons week-on-week [1] - Australian shipments were 19.163 million tons, a decrease of 0.636 million tons, with shipments to China at 15.845 million tons, down by 0.767 million tons [1] - Brazilian shipments were 8.147 million tons, down by 0.313 million tons week-on-week [1] Group 2: Company Reports - Rio Tinto reported a third-quarter production and sales update, indicating that 13 million tons of iron ore shipments were affected by a hurricane in Q1, with recovery expected to reach only about half [1] - The company expects its Pilbara iron ore shipments for 2025 to be at the lower end of the guidance target range of 323-338 million tons [1] Group 3: Market Insights - Recent data shows a significant increase in iron ore transactions at major national ports, with 0.952 million tons traded, an increase of 88.14% week-on-week [2] - The near-term supply remains ample, with stable iron production and resilient demand for iron ore, despite a slight increase in port inventories [3][4] - Steel mills are expected to have a certain level of replenishment demand post-holiday, contributing to a short-term resilience in iron ore prices, which are currently in a fluctuating trend [4]