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iron ore - Latest news GMK Center

Photo – Ukraine reduced iron ore exports by 11.9% y/y in 1H2025
Ukraine reduced iron ore exports by 11.9% y/y in 1H2025

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

Photo – How India will decarbonize its steel industry
How India will decarbonize its steel industry

The country's government began the transformation by establishing a legal and regulatory framework

Photo – Australia expects a $19 billion decline in iron ore export revenues by 2027
Australia expects a $19 billion decline in iron ore export revenues by 2027

Amid declining demand from China and rising production, iron ore prices will continue to fall until 2027

Photo – Ukraine reduced iron ore exports by 13% y/y in January-May
Ukraine reduced iron ore exports by 13% y/y in January-May

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

Photo – Iron ore prices have been fluctuating within a narrow range since early June
Iron ore prices have been fluctuating within a narrow range since early June

July futures on the Singapore Exchange are under increased pressure, while September offers on the Dalian Exchange remain stable

Photo – China reduced iron ore production by 10.1% y/y in January-May
China reduced iron ore production by 10.1% y/y in January-May

In May, raw material production amounted to 85.79 million tons

Photo – China’s CMRG plays a prominent role in the country’s iron ore market – Bloomberg
China’s CMRG plays a prominent role in the country’s iron ore market – Bloomberg

The company's growth has helped to reduce the volatility of futures for this raw material

Photo – Turkey significantly reduced imports of iron ore from Ukraine in January-April
Turkey significantly reduced imports of iron ore from Ukraine in January-April

During the period, 159.99 thousand tons of Ukrainian iron ore were supplied to the Turkish market (-74.1% y/y).

Photo – Vale plans to launch low-grade ore to compete in Asia
Vale plans to launch low-grade ore to compete in Asia

Brazilian iron ore producer focuses on China, which buys 62% of its products

Photo – Ukrainian iron ore industry: results of 2024 and prospects for 2025
Ukrainian iron ore industry: results of 2024 and prospects for 2025

Administrative pressure from the state has a negative impact on the performance of enterprises in the sector

Photo – Rio Tinto forecasts stable demand for iron ore in China
Rio Tinto forecasts stable demand for iron ore in China

BHP Group believes that its commodities portfolio is able to withstand various scenarios

Photo – Moody’s expects iron ore prices to remain stable at $80-100/t in the coming years
Moody’s expects iron ore prices to remain stable at $80-100/t in the coming years

Despite weak demand from China and high production, the market will remain balanced

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