iron ore

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Demand for iron ore in India could grow by 50% by 2030

This will take place amid an increase in steel production in the country

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China increased iron ore production by 2.8% y/y in January-October

In October, the indicator fell by 4.1% y/y

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Turkey imported over 1 million tons of iron ore from Ukraine in January-September

Total imports of iron ore to the country for 9 months amounted to 8.14 million tons

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Ukrainian Railways transported 4.3 million tons of ore to Poland in January-October

Transportation of s teelproducts in this direction amounted to 1.24 million tons

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Global mining companies confident in Chinese ore demand

Rio Tinto notes that demand is shifting to higher quality raw materials

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Ukraine increased iron ore exports by 31.5% m/m in October

Shipments recovered after reaching the lowest since the beginning of the year in September

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Vale and China’s Jinnan to invest $627 million in Oman processing plant

It is planned that the enterprise will begin operations in 2027

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Global iron ore exports grew by 5% y/y in January-September

The main exporter of raw materials is Australia – 646 million tons

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LKAB reduced iron ore production by 12% y/y in January-September

Raw material supplies to customers decreased by 19.1% y/y

fmgl.com.au
Fortescue increased iron ore shipments by 4% y/y in July-September

Sales volumes reached 47.7 million tons

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India may face iron ore shortage in 2031

The demand for this raw material in the country will grow due to the increase in steel production

Sukha Balka commissioned two units with reserves of 170 thousand tons in the fall

Since the beginning of the year, the company has launched 9 units, the total reserves of which reach 1 million tons of ore

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