iron ore - Latest news GMK Center

Probably, the prices of raw materials have reached a peak value

The production of sinter ore for January-October 2023 decreased by 28.3% y/y

Market drivers will be investments in new projects and improvement of mining operations

In January-September, European steelmakets reduced the import of Ukrainian iron ore by 4% y/y

In January-October, mining companies of Ukraine reduced shipments of ferrous metals to foreign consumers by 36.6% y/y

In 9 months, port officials reduced iron and steel cargo transshipment by 65.7% y/y

Only complex solutions will help to increase supplies to both the domestic and foreign markets

In August 2023, the volume of iron ore exports amounted to 23.54 million tons

The company has a more optimistic view of China than other market participants

The convention will enter into force on October 28 and will be valid until repealed

In August, Turkish steelmakers consumed 33,000 tons of Ukrainian-made iron ore

In September, this indicator decreased by 0.9% y/y and by 2.3% m/m