iron ore

In May, Chinese steelmakers increased the import of iron ore by 6.3% y/y

At the beginning of the year, the department seized the Russian company's raw materials, which were located at one of the railway stations in the region

Transportation of ferrous metals amounted to 816.3 thousand tons

The recipients of the products are the steel companies of the country – Liberty Ostrava, Třinecké železárne, U.S. Steel Kosice

The general outlook for the market remains disappointing amid a seasonal slowdown in construction in China over the summer

Compared to the same period in 2022, the volume of pellet transshipment increased by 83%

The new production capacity will be developed during the summer months

In March, deliveries of Ukrainian iron ore to EU countries increased by 42.4% m/m, but decreased by 3.1% y/y

Plans are based on expectations of growth in demand for raw materials and the course for decarbonization

Analysts believe that the current rise in commodity prices is just a technical rebound after a long decline

In the first January-April, the production of iron ore decreased by 8% y/y

The largest volume of products was exported in February – 200.7 thousand tons