iron ore - Latest news GMK Center

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

The deal of 9 January

Despite a raw material price hike around the globe, the cost of steel products in Ukraine remained almost the same in the first quarter