iron ore - Latest news GMK Center

The company has not shown any willingness to accept certain conditions set by China Mineral Resources Group

Over the same period, iron ore imports rose by 33%

The bulk of the raw materials was shipped to China, Slovakia and Poland

This result exceeded market analysts’ expectations

Raw material offers (KORE 62% Fe/Qingdao) have risen again to three-figure levels following a decline in June

In the second quarter, the company doubled its production of DR pellets

Over the same period, Brazil saw its exports fall by 3.8% y/y

The CMRG aims to tighten control over pricing

The downward trend in the market has continued since mid-May, leading to an 8% fall in prices

The bank has revised its coking coal price forecasts upwards

DRI projects depend on partnerships with iron ore miners

The market is under pressure from fluctuations in freight volumes