14,251.29 TRY BIST 100 BIST 100
53.84 EUR EUR EUR
47.07 USD USD USD
6.98 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
41.10 TRY Interest Interest
83.75 USD Fossil Oil Fossil Oil
6.24 USD Copper Copper
84.79 USD Silver Silver
100.33 USD Iron Ore Iron Ore
380.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
99.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Simandou's first iron ore shipment arrived in China

A major milestone has been reached in the world class Simandou iron ore project in Guinea.

Simandou's first iron ore shipment arrived in China

The first iron ore shipment from the Simandou project has successfully arrived in China on January 17, marking the official entry of Simandou ore into the international market.

The Winning Youth, a bulk carrier with a capacity of 200,000 tons, delivered high-grade iron ore loaded in Guinea to Majishan Port in Zhoushan, China, after a 46 day voyage. Covering approximately 11,000 nautical miles, this inaugural shipment signifies the full commissioning of the integrated mine–railway–port–maritime logistics chain.

Recorded as the first export by Winning Consortium Simandou and its project partners, the shipment stands as a key indicator of the operational maturity of the Simandou logistics system. The achievement also highlights growing confidence in large-scale mining infrastructure in Africa.

According to experts, the commissioning of Simandou is expected to have a strategic impact on global iron ore supply. Once the project reaches full capacity, it is set to deliver long-term benefits to Guinea’s economy while supporting the global steel industry’s sustainable sourcing objectives.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

The bookbuilding process for Kardemir Çelik's initial public offering (IPO) will take place between July 22 and 24, 2026

Saturday, July 18, 2026

China criticizes UK's nationalization of British Steel

Friday, July 17, 2026

The United States will impose a 25% import tariff on certain products from Brazil under Section 301.

Friday, July 17, 2026

voestalpine Specialty Metals appoints Alexandre V. as General Manager for Singapore and Shanghai

Friday, July 17, 2026

Jindal Stainless supplies stainless steel for India's first hydrogen-powered train

Friday, July 17, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now