iron ore - Latest news GMK Center

On the way back, the caravan will pick up grain and head to the Romanian port of Constanta

The output of sinter ore for December 2023 increased by 12.4% y/y and 7.4% m/m

Limited logistical opportunities for export remain a restraining factor

In 2023, the volume of raw material imports increased by 6.6% y/y

Export of scrap steel from the country has more than doubled in a year

The company has reduced the production of iron ore in Kryvyi Rih by 25% from 2022

The production of sinter ore for January-November 2023 decreased by 26.1% y/y

Iron ore processing is the main electricity consumption process in Ferrexpo`s operations

In November, this indicator increased by 6.6% year-on-year and fell by 1.1% m/m

In January-November, mining companies of Ukraine reduced shipments of ferrous metals to foreign consumers by 30.5% y/y

The Simandou iron ore project is the world's largest untapped raw material deposit with resources of 2.8 billion tons

It was the first time the company exported iron ore from a port outside Australia