iron ore
Construction activity in China to support iron ore demand

Most Chinese steel mills have adequate raw material inventory levels
EU reduced iron ore imports by 11% y/y in 2023

Over the year, Ukraine increased its shipments of munitions to the EU by 3.7% y/y
Global iron ore trade grew by 5% y/y in 2023

The indicator improved thanks to the growth of steel production in China

Ukraine exported 3.11 million tons of iron ore in January

Shipments increased by 94% compared to December, and 3.4 times compared to January 2023
Jindal Steel’s iron ore mining project in South Africa faces challenges

The environmental application for the $2 billion project was rejected

Rio Tinto
Rio Tinto and BHP to cooperate with BlueScope in the production of green pig iron

The companies will explore developing a pilot electrosmelting facility (ESF) in Australia
Polish port of Gdynia handled 8 thousand tons of iron ore in 2023

The raw material was probably transiting from Ukraine, as the port has not handled iron ore cargoes since 2017 until 2022
Strategies of major mining companies diverge amid decarbonization – IEEFA

The transition of steel industry to the use of DRI will lead to changes in the quality profile of iron ore
Turkiye imported about 600 thousand tons of iron ore from Ukraine in 2023

The total import of iron ore by Turkish consumers amounted to 9.58 million tons
Investments in the mining industry in Brazil will amount to $64.5 billion in 2024-2028

The iron ore segment will account for $17 billion of the total amount
China Baowu plans to invest about $1 billion in the development of Simandou

The company raised $1.4 billion by issuing three-year bonds. 70% of the capital is invested in an iron ore project in Guinea
Fortescue reduced iron ore shipments by 2% y/y in the first half of FY2023/2024

In the second quarter, the company increased shipments of raw materials by 6% q/q

1 2 3 31