raw iron ore materials

Vale begins talks on iron ore briquette plant in the US

The grant from the United States will amount to $282.9 million

Japanese bank to provide a loan to Vale to secure iron ore supplies to the country

The loan is co-financed together with private financial institutions

UDP remains the only river carrier of iron ore for HBIS Serbia in 2024

The shipping company is constantly consulting with the client to increase transportation volumes

Ferrexpo plans to electrify mining transport

The first stage of the project has already been completed and the results of the research of the Australian consulting company have been received

China is increasing its capacity to produce iron ore concentrate

From 2022, the volume of additional capacities amounted to 50 million tons

Ukraine is ready to export up to 1.5 million tons of additional pig iron to the EU market

Ukrainian suppliers are ready to replace the products of Russian producers on the EU market in case of sanctions on pig iron and steel from the Russian Federation

Ingulets Mining received permission to carry out blasting operations in the quarry

Carrying out these works without contractors will save the company almost UAH 0.5 million

Vale will start building megahubs in the Middle East in 2024

The first of the megahubs is expected to start operating in 2027

Metinvest produced more than 1 million tons of steel in the first half of the year

Production of iron ore concentrate in January-June amounted to 4.75 million tons, and coal – 3.04 million tons

Global iron ore market trend: EU and Ukraine’s prospects

In January-April, Ukrainian iron ore exports to the EU amounted to 19.7% of the total European imports

Iran has increased export duties on raw materials and semi-finished products

Export duty on billets and slabs increased to 2%, on iron ore – to 20%

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