iron ore - Latest news GMK Center

Last year, due to the blockade of ports, the railway became the main mode of transport for export cargo

Iron ore futures on the Dalian Exchange for the week of February 3-10, 2023, increased by 1.1% compared to the previous week

The company's revenue for the year increased by 4.3% y/y

Transportation of ferrous metals for the year amounted to 480,000 tons

Iron ore production increased by 9.2% y/y

The value of iron ore exports in December increased to $7.42 billion

Due to non-payment of taxes and other payments, losses of over UAH 118 million have been caused to the state

The total volume of transportation by rail in January 2023 increased by 11% m/m

Iron ore futures on the Dalian Exchange for the week of January 27 – February 3, 2023, fell by 1.2% compared to the previous week

The production of iron ore pellets increased by 1% year-on-year

The export of concentrate fell by 8.5 times y/y, and pellets – by 3.7 times y/y

In December, production decreased by 2.4% year-on-year