iron ore - Latest news GMK Center

Ukrainian ore supplies have fallen by more than half, but the country remains among key partners

The decline in supplies from Australia and Brazil was only partially offset by India and South Africa amid a weak global economy

The agency expects $100/t in 2025 and $90/t in 2026 amid stable global demand

Rising production costs and depletion of deposits are shaping a new market structure, despite the emergence of Simandou

By the end of the month, quotation levels had recovered, but fluctuations were significant

The company continues exploring new alternatives to further reduce emissions

Africa will be the key driver of growth in production volumes

Demand for high-quality raw materials is growing due to limited domestic supplies and expansion of blast furnace capacity

Suspension of VAT refunds threatens further socio-economic contribution

The company is considering long-term funding options

It will become Africa's largest mining and transport complex, exporting up to 120 million tons of ore annually

Key volumes of raw materials are sent to China, Slovakia, and Poland