iron ore

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Australia reduced iron ore exports in July by 10% m/m

Iron ore exports may weaken in Q3 due to rainy season in China and low demand for steel

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Ukrainian Railways increases the transfer of railcars with iron ore through the Izov-Hrubeszów crossing

In July, the average daily transfer of iron ore cargoes through the border crossing with Poland increased by 3 times

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JSW Steel is considering acquiring foreign iron ore and coking coal assets

The company is also expanding its raw material base in India

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China increased iron ore production by 5.7% y/y in the first half of 2023

In June, iron ore production increased by 1.8% y/y and 9.7% m/m

mining.com
BHP mined 257 million tons of iron ore in the 2022/2023 financial year

In the 2023/2024 financial year, the company expects to extract 254-264.5 million tons of iron ore

greendeal.org.ua
Rio Tinto increased iron ore supply by 7% y/y in the first half of 2023

In the second quarter, shipments decreased by 4% q/q and 1% y/y

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EU reduced iron ore import from Ukraine by 15% y/y in January-May

In May, deliveries of Ukrainian iron ore to EU countries fell by 21.2% m/m and 34.1% y/y

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KZHRK reduced sinter ore production by 31.3% m/m in January-June

The production of sinter ore in June decreased by 33.3% y/y, but remained at the level of May

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Asian iron ore market may show a decline in the 3rd quarter – forecast

Weaker demand from China's steel producers is expected in this period

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China increased iron ore imports by 7.7% y/y in January-June

In June, Chinese steelmakers increased the import of iron ore by 7.3% y/y

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China’s steel processing plants will maintain high productivity until the end of July – forecast

There is a high level of utilization of blast furnace capacities in the country

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