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iron ore - Latest news GMK Center

Photo – ARMA prepares to sell iron ore seized in Ukraine
ARMA prepares to sell iron ore seized in Ukraine

The Agency takes measures to transfer property for sale

Photo – China increased iron ore imports by 9.8% y/y in Q1
China increased iron ore imports by 9.8% y/y in Q1

In January-March, Chinese steelmakers imported 294.33 million tons of iron ore

Photo – KZHRK increased sinter ore production by 15% m/m in March
KZHRK increased sinter ore production by 15% m/m in March

The production of sinter ore for January-March 2023 decreased by 36.4% y/y

Photo – Ukrainian iron and steel companies increased iron ore exports by 25% m/m in March 2023
Ukrainian iron and steel companies increased iron ore exports by 25% m/m in March 2023

During the month, mining companies of Ukraine shipped 1.51 million tons of iron ore to foreign consumers

Photo – Iron ore prices collapsed amid rising supply and weak demand
Iron ore prices collapsed amid rising supply and weak demand

Iron ore futures on the Dalian Commodity Exchange for the week of March 31 – April 7, 2023, fell by 12.4% compared to the previous week

Photo – Ukrainian Railways transported more than 1 million tons of iron ore to Slovakia in March
Ukrainian Railways transported more than 1 million tons of iron ore to Slovakia in March

570,000 tons of iron ore were shipped to the US Steel Kosice, and over 490,000 tons – to Czech and Austrian recipients

Photo – Sukha Balka purchased four loading and delivery vehicles
Sukha Balka purchased four loading and delivery vehicles

The machines will be used at the new production facilities of the mine and in the Yuvileyna mine

Photo – Australia predicts decline in iron ore export earnings in 2023-2024 financial year
Australia predicts decline in iron ore export earnings in 2023-2024 financial year

The profits of Australian companies will be reduced due to the expected decline in iron ore prices

Photo – Australia increased iron ore exports by 14% m/m in March
Australia increased iron ore exports by 14% m/m in March

59.9 million tons of iron ore were shipped to Chinese consumers in a month

Photo – Central Mining allocated UAH 3.7 million for the modernization of the crushing plant
Central Mining allocated UAH 3.7 million for the modernization of the crushing plant

The plant purchased a new HIT 52 MF inertial screen, which will significantly improve the entire operation of the plant's equipment

Photo – Turkiye imported 30,000 tons of iron ore from Ukraine in January
Turkiye imported 30,000 tons of iron ore from Ukraine in January

Turkish steelmakers reduced their purchases of Ukrainian steel by 80.8% y/y

Photo – The port of Constanta increased iron ore transshipment by 46.9% y/y in 2022
The port of Constanta increased iron ore transshipment by 46.9% y/y in 2022

Transshipment of ferrous metals for the year increased by 28.9% y/y

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