Group 1: Report Industry Investment Rating - No information provided Group 2: Core Viewpoints of the Report - Domestic arrivals at 47 ports reached 26.45 million tons, an increase of 1.827 million tons from the previous week, mainly due to an increase in Brazilian ore. Overseas ore shipments rebounded, with the total shipments from 19 global ports reaching 35.568 million tons, an increase of 2.4095 million tons from the previous week. According to ship schedules, arrivals of Australian and Brazilian ore at domestic ports are expected to increase, and overseas ore supply will remain at a high level [2] Group 3: Summary by Related Catalogs 1. Brief Evaluation - Domestic 47 - port arrivals increased, with the increment mainly from Brazilian ore. Overseas ore shipments rebounded, with increments from Brazilian and non - Australian - Brazilian ore, while Australian - Brazilian ore decreased slightly. Ship schedules indicate a rise in Australian and Brazilian ore arrivals at domestic ports and high overseas supply [2] 2. Ore Arrival and Shipment Data - **Arrival Data**: Northern six - port arrivals were 13.008 million tons, up 12.83% week - on - week; national 45 - port arrivals were 25.26 million tons, up 5.54% week - on - week; national 47 - port arrivals were 26.45 million tons, up 7.42% week - on - week. The increase in national 47 - port arrivals was mainly due to Brazilian ore, which increased by 21.72% week - on - week [3] - **Shipment Data**: Australian shipments (original caliber) were 16.409 million tons, down 4.54% week - on - week; Brazilian shipments (original caliber) were 9.741 million tons, up 30.21% week - on - week. The total shipments from 19 global ports were 35.568 million tons, up 7.27% week - on - week [3] 3. Relevant Charts - The report includes charts on domestic port arrivals, global iron ore shipments, shipments of the four major miners, and estimated domestic arrivals of iron ore [4][8][10]

Report Summary 1. Report Industry Investment Rating No information provided. 2. Core Viewpoints - Domestic arrivals at 47 ports reached 27.729 million tons, a significant rebound to a year - high, mainly due to increased arrivals of Brazilian ore [2]. - Overseas ore shipments rebounded again, with the total shipments from 19 global ports reaching 35.067 million tons, climbing to a high level. The shipments of major miners were active [2]. - Based on shipping schedules, the arrivals of Australian and Brazilian ore at domestic ports are expected to remain stable at a high level, and overseas ore supply will remain high [2]. 3. Summary by Directory 3.1. Ore Arrival and Shipment Data - **Arrival Volume** - Northern six - port arrivals were 11.536 million tons, a week - on - week decrease of 654,000 tons (-5.37%) but a month - on - month increase of 947,000 tons (8.94%) [3]. - National 45 - port arrivals were 25.627 million tons, a week - on - week increase of 1.782 million tons (7.47%) and a month - on - month increase of 4.114 million tons (19.12%) [3]. - National 47 - port arrivals were 27.729 million tons, a week - on - week increase of 2.554 million tons (10.14%) and a month - on - month increase of 4.288 million tons (18.29%) [3]. - National 47 - port Australian ore arrivals were 18.245 million tons, a week - on - week increase of 191,000 tons (1.06%) and a month - on - month increase of 1.995 million tons (12.28%) [3]. - National 47 - port Brazilian ore arrivals were 6.732 million tons, a week - on - week increase of 2.803 million tons (71.34%) and a month - on - month increase of 1.993 million tons (42.06%) [3]. - National 47 - port other ore arrivals were 2.752 million tons, a week - on - week decrease of 440,000 tons (-13.78%) but a month - on - month increase of 300,000 tons (12.23%) [3]. - **Shipment Volume** - Australian shipments (original caliber) were 18.84 million tons, a week - on - week increase of 785,000 tons (4.35%) and a month - on - month increase of 1.129 million tons (6.37%) [3]. - Shipments to China from Australia were 16.131 million tons, a week - on - week decrease of 108,000 tons (-0.67%) but a month - on - month increase of 704,000 tons (4.56%) [3]. - Brazilian shipments (original caliber) were 8.584 million tons, a week - on - week increase of 1.865 million tons (27.76%) and a month - on - month increase of 1.328 million tons (18.30%) [3]. - Global 19 - port shipments were 35.067 million tons, a week - on - week increase of 1.54 million tons (4.59%) and a month - on - month increase of 3.18 million tons (9.97%) [3]. - Australian shipments from 19 global ports were 20.681 million tons, a week - on - week increase of 745,000 tons (3.74%) and a month - on - month increase of 549,000 tons (2.73%) [3]. - Brazilian shipments from 19 global ports were 9.417 million tons, a week - on - week increase of 1.691 million tons (21.89%) and a month - on - month increase of 1.649 million tons (21.23%) [3]. - Other shipments from 19 global ports were 4.969 million tons, a week - on - week decrease of 896,000 tons (-15.28%) but a month - on - month increase of 982,000 tons (24.63%) [3]. - VALE shipments were 7.191 million tons, a week - on - week increase of 1.4865 million tons (26.06%) and a month - on - month increase of 1.1524 million tons (19.08%) [3]. - RIO shipments were 6.679 million tons, a week - on - week decrease of 222,500 tons (-3.22%) and a month - on - month decrease of 60,500 tons (-0.90%) [3]. - Shipments to China from RIO were 5.328 million tons, a week - on - week decrease of 373,000 tons (-6.54%) and a month - on - month decrease of 346,000 tons (-6.10%) [3]. - BHP shipments were 6.665 million tons, a week - on - week increase of 923,500 tons (16.08%) and a month - on - month increase of 354,900 tons (5.62%) [3]. - Shipments to China from BHP were 6.329 million tons, a week - on - week increase of 1.147 million tons (22.13%) and a month - on - month increase of 753,000 tons (13.50%) [3]. - FMG shipments were 4.53 million tons, a week - on - week decrease of 50,600 tons (-1.10%) but a month - on - month increase of 493,200 tons (12.22%) [3]. - Shipments to China from FMG were 3.764 million tons, a week - on - week decrease of 817,000 tons (-17.83%) but a month - on - month increase of 153,000 tons (4.24%) [3]. 3.2. Related Charts - Domestic port arrival volume [5] - Global 19 - port shipment volume [7] - Four major miners' shipment volume [8] - Estimated domestic arrival volume of iron ore [12]

铁矿石到货、发运周度数据（2025 年第 19 周） 一、简评 1、国内 47 港到货量为 2570.00 万吨，环比减 64.40 万吨，高位延续回落，其中澳矿环比增 17.00 万 吨，巴西矿环比减 21.80 万吨，而非澳巴矿环比减 59.60 万吨。 2、海外矿石发运平稳运行，全球 19 港矿石发运总量为 3029.00 万吨，环比减 21.50 万吨，减量主要 是巴西矿，环比减 146.00 万吨，其中 VALE 发运减 129.06 万吨，关注持续性；澳矿环比增 28.00 万吨，维 持高位运行；非澳巴地区发运增 96.50 万吨，持续回升并至年内高位。 3、按船期推算国内港口澳巴矿到货量稳中有升，海外矿石供应延续高位运行。 二、矿石到货与发运数据 | | | | | | 铁矿石周度到货和发运数据 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 指标 | 本期值 | 上期值 | 周度变化 | 周度变化 | 上月末值 | 月度变化 | 月度变化 | 同期值 | 同期 ...