iron ore

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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

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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

bloomberg.com
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

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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

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Sukha Balka carried out revisions and repairs of the main equipment шn January

Preventive and repair work will ensure the further stable operation of the enterprise

udp.one
UDP delivered 5 barges with Ukrainian iron ore to Serbia

On the way back, the caravan will pick up grain and head to the Romanian port of Constanta

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KZHRK reduced sinter ore production by 24.4% y/y in 2023

The output of sinter ore for December 2023 increased by 12.4% y/y and 7.4% m/m

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Ukraine reduced the export of iron ore by 26% y/y in 2023

Limited logistical opportunities for export remain a restraining factor

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China increased iron ore imports by 11% y/y in December

In 2023, the volume of raw material imports increased by 6.6% y/y

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Brazil increased iron ore exports by 10% y/y in 2023

Export of scrap steel from the country has more than doubled in a year

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Rudomine was operating at 50% of production capacity in 2023

The company has reduced the production of iron ore in Kryvyi Rih by 25% from 2022

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KZHRK increased sinter ore production by 28.6% y/y in November

The production of sinter ore for January-November 2023 decreased by 26.1% y/y

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