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Bloomberg

Iron Ore Climbs as Traders Weigh Supply Risks From BHP Strike

Friday, July 31, 2026


Iron ore prices increased following reports of potential strike action by BHP Group workers at Port Hedland, Australia's largest iron ore export facility. The strike threat centered on labor negotiations at the port. Prices were also constrained by weak demand from China, the world's largest iron ore consumer.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-31/iron-ore-climbs-as-traders-weigh-supply-risks-from-bhp-strike

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