iron ore - Latest news GMK Center

The company is changing its strategic approach to operations

In the same period, the handling of steel products at ports amounted to 2.9 mln tons

Extraction of raw materials is planned to be completed in 20 years

Optimism about support for China's economy drives demand, despite risks associated with the real estate market and high inventories

The new production unit will supply raw materials to the mountain during the next 2.5 months

This will take place amid an increase in steel production in the country

In October, the indicator fell by 4.1% y/y

Total imports of iron ore to the country for 9 months amounted to 8.14 million tons

Transportation of s teelproducts in this direction amounted to 1.24 million tons

Rio Tinto notes that demand is shifting to higher quality raw materials

Shipments recovered after reaching the lowest since the beginning of the year in September

It is planned that the enterprise will begin operations in 2027