iron ore - Latest news GMK Center

Production restrictions during the winter season may further affect import volumes

Iron ore futures on the Dalyan Commodity Exchange for the week of November 11-18, 2022, increased by 5.6% compared to the previous week

For the year, the company's net sales amounted to UAH 1.33 billion compared to UAH 366.8 million in 2020

In January-September 2022, the import of Ukrainian iron ore by Turkiye decreased by 37.05%

The volume of iron ore imports this year will be lower than in 2021

In October 2022, Ukrainian iron and steel companies shipped 1.07 million tons of iron ore abroad

Transshipment of ferrous metals in the port of Riga decreased by 36.6% y/y in 10 months

Iron ore production decreased by 7.7% y/y in 9 months

The reason was high export duties and a decrease in demand from China

Exports of foreign materials for the month decreased to the lowest figure since the beginning of the year – by 21% m/m

In October 2022, the import of iron ore decreased by 3.7% year-on-year and by 4.75% compared to the previous month

Production of sinter ore for 10 months of 2022 decreased by 26.8% y/y