iron ore

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LKAB increased iron ore shipments by 2.2 times y/y in Q1

Production of iron ore products decreased by 1.5% y/iy over the period

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Iron ore prices approach psychological barrier

Market participants do not predict further price increases

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Ferrexpo maintains capital expenditures at $102 mln in 2024

Despite the war, the company continued investing in strategic projects during 2024

Rio Tinto
Rio Tinto cuts iron ore supply to lowest since 2019 in Q1

Cyclones in Australia disrupted the company's plans, which warns of the risk of disrupting the forecast for 2025

World Steel News
China increased steel exports by 6.3% y/y in Q1

Imports of iron ore decreased by 7.8% y/y over the period

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Iron ore prices overcome psychological barrier

Investors and consumers fear further deterioration in trading conditions

krmisto.gov.ua
Ukraine reduced iron ore exports by 5.7% y/y in Q1

Key volumes of raw materials were sent to China, Slovakia and Poland

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Brazil increased ore exports by 7.9% y/y in March

Shipments recovered from a 22-month low in February

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Chinese ore prices rose slightly in early April

So far, the changes have affected only low-grade products, but there are prerequisites for further price increases for the entire line

facbook.com
LKAB reduced iron ore production by 13.3% y/y in 2024

Raw material supplies fell by 13.4% year-on-year

Global iron ore exports reached 1.6 billion tons in 2024

Australia has traditionally been a key supplier of raw materials

metinvest
Metinvest supplies iron ore to SSAB’s Finnish plant

Swedish company receives raw materials under annual contracts

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