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iron ore export - Latest Articles GMK Center

Photo – Australia predicts decline in iron ore export earnings in FY2023/2024
Australia predicts decline in iron ore export earnings in FY2023/2024

Revenues from the export of raw materials will decrease due to the slowdown in China's economic growth

Photo – Australia’s mining companies are looking to increase iron ore exports to India
Australia’s mining companies are looking to increase iron ore exports to India

In 2021, India imported 411 thousand tons of Australian iron ore

Photo – Ukrainian iron and steel sector activity: results for 11 months of 2022
Ukrainian iron and steel sector activity: results for 11 months of 2022

Ukrainian iron and steel industry is significantly affected by problems with electricity supply and disruptions in logistics

Photo – Australia predicts decline in iron ore export revenues in 2022-2023 financial year
Australia predicts decline in iron ore export revenues in 2022-2023 financial year

Revenues from the supply of iron are expected at the level of $75.8 billion

Photo – MENA region lost 1.7 million tons of iron ore due to the blocking of Ukrainian ports – Stanislav Zinchenko
MENA region lost 1.7 million tons of iron ore due to the blocking of Ukrainian ports – Stanislav Zinchenko

Only the unblocking of the Black Sea ports will allow to return iron ore from Ukraine to the market of the Middle East and North Africa

Photo – India cut iron ore production by 3% in January-September 2022
India cut iron ore production by 3% in January-September 2022

The decrease in iron ore production occurred as a result of the introduction of export duties on finished steel and steel raw materials