iron ore

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Northern Mining reduced the cost of iron ore mining in the Hannivsky quarry by $1.5/t

This was facilitated by the revision of quarry logistics, reduction of the distance of transportation of mining mass, optimization of equipment operation, etc.

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Turkey imported 852.65 thousand tons of iron ore from Ukraine in H1 2024

The total import of iron ore to the country for 6 months amounted to 5.42 million tons

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Turkish Tosyali to create integration of iron and steel plant in Angola

The steel producer will cooperate with the state oil company Sonangol

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Ukrainian Railways transported 3 million tons of iron ore to Poland in January-July

Railway transportation of ferrous metals during this period amounted to 919,000 tons

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Ukraine exported 20.8 million tons of iron ore in January-July

The main consumers of raw materials are China, Slovakia and Poland – 9.26 million tons, 3.03 million tons and 2.98 million tons, respectively

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Ukrainian Railways transferred about 600,000 tons of iron ore to Hungary in January-July

The total volume of cargo headed in this direction since the beginning of the year is 1.7 million tons

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Turkey increased imports of iron ore from Ukraine by 2.2 times y/y in June

The share of Ukrainian raw materials in the Turkish market for the month was 30%

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Port of Szczecin-Swinoujście reduced ore transshipment by 42.7% y/y in the first half of the year

In June, the port complex has reduced the processing of iron ore by 53.2% y/y

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Ukrainian Railways transferred 2.8 million tons of iron ore to Slovakia in the first half of the year

The volume of rail transportation of ore through Ukrainian-Slovak border crossings decreased by 10.1% y/y

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China increased iron ore production by 13.2% y/y in January-June

In June, the indicator increased by 9.9% y/y

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The global iron ore market is expected to have a surplus by 2030

World trade in iron ore in 2023 was 1.6 billion tons

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