iron ore - Latest news GMK Center

The plan is to extract 540,000 tons of iron ore per year from mines near the city of Porto Grande

Production of sinter ore for 9 months of 2022 decreased by 25% y/y

The company's sales of iron ore on the domestic market increased by 19.6% y/y

In September 2022, Ukrainian iron and steel companies shipped 1.36 million tons of iron ore abroad

Analysts believe that steel prices will be limited by the end of the year

Due to limited logistics capabilities, steelmakers need to increase exports of value-added products

In January-September 2022, Ukrainian iron and steel companies sent 19.8 million tons of ores abroad by rail

The price of iron ore is expected to fall to $97/t in the 2022/2023 financial year

The Chinese company is already involved in the development of the southern part of the deposit

The reserves of the Gara-Djebilet field in Algeria, according to various estimates, are from 1 billion to 3 billion tons

In total, the railway operator transported 11.68 million tons of cargo in a month, which is a record figure since the beginning of the war

The production of iron ore pellets during this period increased by 9.1% y/y