Iron ore prices are forecast to enter a bear market in 2026, as increased global supply is expected to outpace demand growth, according to the latest analysis. The report points to rising output from major producers and slower steel demand, particularly linked to continued weakness in China’s construction sector.

Vale’s iron ore operations in Carajas, Brazil. Analysts expect the wave of fresh supply from Guinea will tip iron ore markets into a surplus next year.
Analysts warn that the market is moving into a phase of structural oversupply, marking a potential turning point after several years of strong prices. This shift is expected to place sustained downward pressure on iron ore prices and increase volatility across resource markets.
Against this backdrop, the outlook reinforces the importance of cost efficiency and productivity across construction and housing delivery. As commodity cycles soften and input price uncertainty grows, scalable and industrialised housing models are increasingly relevant.
Programs such as AUSMOD20K, align with this environment by focusing on controlled manufacturing, predictable costs, and faster delivery — supporting housing supply expansion even as broader resource markets adjust.
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Become a partner of the AUSMOD20K program, please click this link: Partner
Become a supplier for the AUSMOD20K program, please click this link: Supplier
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