iron ore

metinvest
Metinvest supplies iron ore to SSAB’s Finnish plant

Swedish company receives raw materials under annual contracts

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Iron ore spot prices rise slightly in mid-March

A decline in Chinese steel production and a reduction in imports have not led to a significant increase

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Iron ore production in China fell by 12.6% y/y in January-February

Production volumes amounted to 158.35 million tonnes

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Ukraine reduced iron ore exports by 21.4% m/m in February

In January-February, shipments decreased by 1.2% y/y

Sukha Balka starts development of a new block with reserves of over 40 thousand tons

The production unit at Frunze mine is planned to be developed in 2.5 months

bloomberg.com
Simandou project will add 60 million tons of ore per year to the market

Rio Tinto sees room in the market for this raw material

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The EU imported 13.97 million tons of iron ore from Ukraine in 2024

The key importers of raw materials are Poland and Slovakia

metinvest.media
Ukraine reduced iron ore exports by 9.2% m/m in January

Exports amounted to 3.13 million tonnes

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Turkey imported 1.1 million tons of iron ore from Ukraine in 2024

Total imports of iron ore to the country for 12 months amounted to 10.01 million tons

Sukha Balka produced 1 million tons of ore in 2024

Commercial production amounted to 917 thousand tons

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Turkey imported 1.1 million tons of iron ore from Ukraine in January-November

Total imports of iron ore to the country for 11 months amounted to 9.08 million tons

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