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iron ore - Latest news GMK Center

Photo – Ukrainian Railways transported 12.5 million tons of iron ore for export in January-April
Ukrainian Railways transported 12.5 million tons of iron ore for export in January-April

Export transportation of ferrous metals reached 1.6 million tons

Photo – In 2023 safety performance of Ferrexpo remained strong
In 2023 safety performance of Ferrexpo remained strong

The health and safety of the workers is the Group’s primary concern

Photo – Ukraine exported 1.1 million tons of iron ore to the EU in February
Ukraine exported 1.1 million tons of iron ore to the EU in February

Ukrainian suppliers accounted for 20.5% of the total EU iron ore imports

Photo – Ukraine – Slovakia: what trade between the countries looks like
Ukraine – Slovakia: what trade between the countries looks like

Since the start of the war, Slovakia has supported Ukraine by increasing its iron ore consumption

Photo – China increased iron ore production by 15.3% y/y in Q1
China increased iron ore production by 15.3% y/y in Q1

In March, the indicator increased by 14.5% y/y

Photo – Rio Tinto reduced iron ore production by 10.9% q/q in Q1
Rio Tinto reduced iron ore production by 10.9% q/q in Q1

Sales of raw materials during this period decreased by 9.5% q/q

Photo – Vale increased iron ore production by 7% y/y in Q1
Vale increased iron ore production by 7% y/y in Q1

Sales of iron ore during this period increased by 15% y/y

Photo – China increased steel exports by 31% y/y in Q1
China increased steel exports by 31% y/y in Q1

In three months, Chinese steelmakers shipped 25.8 million tons of steel products abroad

Photo – Ukraine exported 3.34 million tons of iron ore in March
Ukraine exported 3.34 million tons of iron ore in March

Shipments increased by 31.1% compared to February, and by 2.2 times compared to March 2023

Photo – Ukraine regains leading position among iron ore exporters to Turkey
Ukraine regains leading position among iron ore exporters to Turkey

During January-February, Ukraine shipped 232,000 tons of heavy metals to Turkish consumers compared to 30,000 tons a year ago

Photo – Simandou iron ore project secures $15 billion in financing
Simandou iron ore project secures $15 billion in financing

The funds will be directed to the development of railway and port infrastructure

Photo – Railway transportation of iron ore to Poland continued to grow in March – Ukrainian Railways
Railway transportation of iron ore to Poland continued to grow in March – Ukrainian Railways

The daily transfer of iron ore railcars through the Izov-Grubieszów crossing increased by 36% to 200 units

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