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iron ore - Latest news GMK Center

Photo – Sukha Balka in June commissioned two blocks with reserves of 157 thousand tons
Sukha Balka in June commissioned two blocks with reserves of 157 thousand tons

Since the beginning of the year, 7 new units with total reserves of 805,000 tons of raw ore have been put into operation at the mine

Photo – Ukraine in the first half of the year exported 18.3 million tons of iron ore
Ukraine in the first half of the year exported 18.3 million tons of iron ore

The main consumers of raw materials are China, Slovakia and Poland – 8.43 million tons, 2.64 million tons and 2.55 million tons, respectively

Photo – Ukrainian Railways transported 508 thousand tons of iron ore to Hungary in the first half of the year
Ukrainian Railways transported 508 thousand tons of iron ore to Hungary in the first half of the year

Iron ore is the main cargo that is transferred through the Ukrainian-Hungarian border crossings

Photo – Brazil increased iron ore exports by 6.1% y/y in the first half of the year
Brazil increased iron ore exports by 6.1% y/y in the first half of the year

The main export destination is China, which accounted for 65% of deliveries

Photo – Global iron ore exports grew by 5% y/y in the first half of the year
Global iron ore exports grew by 5% y/y in the first half of the year

The main exporter of raw materials is Australia – 427 million tons

Photo – India increased iron ore exports by 20% y/y in January-June.
India increased iron ore exports by 20% y/y in January-June.

In 6 months, Indian mining companies shipped 20.26 million tons of ferrous metals abroad

Photo – In 2023 Ferrexpo employed 46 veterans
In 2023 Ferrexpo employed 46 veterans

The company uses the best practices of physical rehabilitation and psychological support

Photo – Canada adds iron ore to the list of critical raw materials
Canada adds iron ore to the list of critical raw materials

High-quality iron ore is required for the production of environmentally friendly steel and is an integral part of the decarbonization process

Photo – Stay competitive: Ferrexpo cuts production costs by 8% in 2023
Stay competitive: Ferrexpo cuts production costs by 8% in 2023

The Company intends to continue to maintain the competitiveness of its products in the global iron ore pellets market

Photo – EU imported 5.1 million tons of iron ore from Ukraine in January-April
EU imported 5.1 million tons of iron ore from Ukraine in January-April

Ukrainian suppliers accounted for 20.8% of the total volume of imports of the EU's iron ore

Photo – Ukraine exported 3.1 million tons of iron ore in May
Ukraine exported 3.1 million tons of iron ore in May

Shipments decreased by 8% compared to April, and increased by 2 times compared to May 2023

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