Wood Mackenzie at the Global Iron Ore & Steel Conference in Perth: Key Takeaways

This presentation examines how Guinea’s iron ore export growth, driven by the ramp‑up of Simandou, is reshaping global iron ore market dynamics. The analysis considers the consequences for incumbent exporters, particularly Australia and Brazil, as quality preferences sharpen and competitive pressure emerges first on lower‑grade supply. It also places these developments within the broader structural context debated at the conference, including decarbonisation pathways, steel sector consolidation, and the growing role of DRI.