iron ore

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

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

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

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

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

Iron ore futures on the Dalian Commodity Exchange for the week of January 13-20, 2023, fell by 2.6% compared to the previous week

In December 2022, iron ore processing in the Polish port decreased by 67.4% year-on-year

The company expects that in 2023 China will become a stabilizing force in the raw materials market

In 2021, iron ore production increased by 1% y/y – 324.1 million tons

In December 2022, Ukrainian miners shipped 764,940 tons of iron ore abroad

During the year, port officials increased the transshipment of iron and steel cargo by 4.8 times

During the year, overall iron ore supply will increase, while demand among steelmakers is likely to decrease