iron ore - Latest news GMK Center

Australia has traditionally been a key supplier of raw materials

Swedish company receives raw materials under annual contracts

A decline in Chinese steel production and a reduction in imports have not led to a significant increase

Production volumes amounted to 158.35 million tonnes

In January-February, shipments decreased by 1.2% y/y

The production unit at Frunze mine is planned to be developed in 2.5 months

Rio Tinto sees room in the market for this raw material

The key importers of raw materials are Poland and Slovakia

Exports amounted to 3.13 million tonnes

Total imports of iron ore to the country for 12 months amounted to 10.01 million tons

The company has already invested $1.7 billion

Commercial production amounted to 917 thousand tons