iron ore - Latest news GMK Center

Ore production within the EU is concentrated in Sweden, while consumption remains volatile

The dry bulk market entered the second quarter in better shape than expected

Over the past month, the price increase amounted to 5.4%

The majority of the raw materials was shipped to China, Slovakia, and Poland

Compared to the previous month, the figure decreased by 11%

The iron and manganese ore shipments fell by 45%, while that of ferrous steel fell by 55%

The industry has lost positions in many export markets, while becoming increasingly dependent on shipments to the EU

Falling prices, rising energy costs and CBAM reshape production and export dynamics

The changes are intended to encourage the use of such raw materials

April prices rose by 2.3% compared to the average price of raw materials in March

This move comes amid an ongoing contract dispute with the mining company

The majority of the raw materials was shipped to China, Slovakia, and Poland