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iron ore - Latest news GMK Center

Photo – Ukraine started iron ore exports via port of Constanta
Ukraine started iron ore exports via port of Constanta

A bottleneck at Ukraine’s railways is still there

Photo – China iron ore prices is braced for easing COVID restrictions
China iron ore prices is braced for easing COVID restrictions

The cost of raw materials fell by 1.13% in two weeks

Photo – Ukrainian Danube Shipping to supply 220,000 tons of iron ore to Serbia
Ukrainian Danube Shipping to supply 220,000 tons of iron ore to Serbia

The company is going to increase its annual net income by 25.6% by increasing the volume of cargo traffic

Photo – India’s casters demand pig iron, iron ore export ban
India’s casters demand pig iron, iron ore export ban

Specific associations feel volatility of iron ore prices

Photo – Olexandr Kamyshin: “The prospect of grain, ore shipment growth is ten-millions tons”
Olexandr Kamyshin: “The prospect of grain, ore shipment growth is ten-millions tons”

The Head of Ukrzaliznytsia about the work in the first months of the war and plans for cargo transportation

Photo – China’s import losses to limit iron ore prices rise in Q2
China’s import losses to limit iron ore prices rise in Q2

In Q1 iron ore supply weakened in Brazil due to monsoon season, and after Russia's invasion of Ukraine

Photo – Iron ore is Ukraine’s largest export in March
Iron ore is Ukraine’s largest export in March

Last month, Ukraine exported 3.1 million tons of iron ore worth $439 million

Photo – China iron ore prices rose by 9.3% in a week
China iron ore prices rose by 9.3% in a week

Easening of COVID restrictions in Tangshan affected the prices

Photo – China iron ore prices rise for four week in a row
China iron ore prices rise for four week in a row

Iron ore rise in price by 1-3% weekly after rise by 16% at February 25 – March 4

Photo – Ukrainian iron ore producers continue to work with a reduced utilization rates
Ukrainian iron ore producers continue to work with a reduced utilization rates

The only way to supply iron ore products is shipments to Europe by rail

Photo – Ukraine’s revenues from iron ore exports grew 63% in 2021
Ukraine’s revenues from iron ore exports grew 63% in 2021

In physical terms, however, iron ore exports fell 4.2%

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