iron ore - Latest news GMK Center

Ukrzaliznytsia (Ukrainian Railways) increased its rail transportation of iron and manganese ores by 2.7%

AMKR considerably reduced production of rolled products, steel and pig iron in November

Iron ore quotations will continue to decline in 2020. China plays a decisive role again

Ukraine still sells half of its iron ore to China, Poland and Czech Republic

Production of non-agglomerated iron ore concentrates increased by 4.9%

The Company signed a Memorandum of Understanding with the government of Ukraine

In the first ten months of the current year, only iron ore prices grew, and only due to the rise of the global prices. In October, the global prices fell too

At the same time, iron ore exports grew by 8.3% to 33.26 million tons over 10 months

The volumes of exports to foreign iron ore markets decreased by 1.8%

However, by the end of September, steel production fell by 10%

According to GMK Center’s analyst, lawmakers offered only partial concessions to the business

Ukrainian vertically integrated companies have managed to benefit from the rising ore prices