iron ore

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Iron ore prices increase amid rising incomes of Chinese steelmakers

Iron ore futures on the Dalian Exchange for the week of February 3-10, 2023, increased by 1.1% compared to the previous week

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ArcelorMittal reduced its net profit by 37.8% y/y in 2022

The company's revenue for the year increased by 4.3% y/y

Lemtrans transported 1.64 million tons of iron ore in 2022

Transportation of ferrous metals for the year amounted to 480,000 tons

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ArcelorMittal has reduced steel output by 14.6% y/y in 2022

Iron ore production increased by 9.2% y/y

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Australia increased iron ore exports by 6.2% m/m in December 2022

The value of iron ore exports in December increased to $7.42 billion

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Iron ore worth UAH 1.8 billion is transferred to ATMA

Due to non-payment of taxes and other payments, losses of over UAH 118 million have been caused to the state

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Ukrzaliznytsia in January 2023 increased iron ore transportation by 46% m/m

The total volume of transportation by rail in January 2023 increased by 11% m/m

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China iron ore prices adjust amid government price controls

Iron ore futures on the Dalian Exchange for the week of January 27 – February 3, 2023, fell by 1.2% compared to the previous week

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Vale cut iron ore production by 2% y/y in 2022

The production of iron ore pellets increased by 1% year-on-year

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Russia reduced iron ore exports to Europe by 4 times y/y in 2022

The export of concentrate fell by 8.5 times y/y, and pellets – by 3.7 times y/y

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China reduced the production of iron ore by 1% y/y in 2022

In December, production decreased by 2.4% year-on-year

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Fortescue increased iron ore shipments by 4% y/y in July-December 2022

In the first half of the 2022/2023 fiscal year, the company shipped 96.9 million tons of iron ore to customers

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