iron ore - Latest news GMK Center

The export of iron ore pellets increased by 93.7% y/y in 4 months

In January-May, Brazilian mining companies increased the export of iron ore by 10.7% y/y

A strategic plan for the use of local raw materials was launched in 2022

The production of sinter ore in January-May 2023 decreased by 30.9% y/y

In one month, mining companies of Ukraine shipped 1.52 million tons of ferrous metals to foreign consumers

Railway transportation of iron ore for export decreased by 17% m/m

In May, Chinese steelmakers increased the import of iron ore by 6.3% y/y

At the beginning of the year, the department seized the Russian company's raw materials, which were located at one of the railway stations in the region

Transportation of ferrous metals amounted to 816.3 thousand tons

The recipients of the products are the steel companies of the country – Liberty Ostrava, Třinecké železárne, U.S. Steel Kosice

The general outlook for the market remains disappointing amid a seasonal slowdown in construction in China over the summer

Compared to the same period in 2022, the volume of pellet transshipment increased by 83%