Iron-ore shipments from the largest bulk-export terminal set a record for the month of May, putting flows at the biggest year-to-date volumes even after weather issues curbed exports earlier in 2025. Exports from Port Hedland increased to 53.1-million tons last month, up 13.7% from April, according to Pilbara Ports Authority data. Year-to-date cargoes expanded to 233.4-million tons, the highest in data going back to 2010, Bloomberg calculations showed. The increase in shipments comes after the port, which is a major export hub to China, was forced to temporarily close during the first quarter after the region was hit ... (full story)