iron ore

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The EU reduced imports of iron ore from Ukraine by 9.4% y/y in the first quarter

In March, deliveries of Ukrainian iron ore to EU countries increased by 42.4% m/m, but decreased by 3.1% y/y

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BHP Group is considering the possibility of increasing iron ore production

Plans are based on expectations of growth in demand for raw materials and the course for decarbonization

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Iron ore prices rose slightly amid increased purchases by steelmakers

Analysts believe that the current rise in commodity prices is just a technical rebound after a long decline

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China reduced iron ore production by 13.1% m/m in April

In the first January-April, the production of iron ore decreased by 8% y/y

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KZHRK has shipped more than 730,000 tons of iron ore to the Czech Republic since the beginning of the year

The largest volume of products was exported in February – 200.7 thousand tons

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Ukrainian iron and steel industry increased iron ore exports by 10% m/m in April

In one month, mining companies of Ukraine shipped 1.67 million tons of iron ore to foreign consumers

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The port of Riga increased transshipment of ferrous metals by 22.2% y/y in January-April

Iron ore transshipment in the port of Riga decreased by 56.5% y/y in 4 months

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KZHRK increased production of sinter ore by 4.3% m/m in April

The production of sinter ore for January-April 2023 decreased by 31.4% y/y

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China increased iron ore imports by 5.1% y/y in April

In January-April, Chinese steelmakers increased imports of iron ore by 8.6% y/y

Iron ore prices fluctuate around $100/t for the second week in a row

Iron ore futures on the Dalian Commodity Exchange for the week of April 28 – May 5, 2023, increased by 0.2% compared to the previous week

Ukrainian Railways reduced iron ore export shipments by 4% m/m in April

The share of iron and manganese ores in the structure of UZ export transportation in the month was 34%

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ArcelorMittal for the first quarter increased its net profit by 4.2 times q/q

In January-March 2023, the company's revenue increased by 9.5%

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