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Photo – Vale reduced iron ore exports by 17.6% y/y in January-November 2022
Vale reduced iron ore exports by 17.6% y/y in January-November 2022

The company's sales of iron ore on the domestic market increased by 40.4% y/y

Photo – Iron ore prices fell to $118/t due to weakening optimism in China
Iron ore prices fell to $118/t due to weakening optimism in China

Iron ore futures on the Dalian Commodity Exchange for the week of December 16-23, 2022, fell by 2.05% compared to the previous week

Photo – Turkiye imported 77,000 tons of iron ore from Ukraine in October 2022
Turkiye imported 77,000 tons of iron ore from Ukraine in October 2022

In January-October 2022, the import of Ukrainian iron ore by Turkiye decreased by 39.1%

Photo – China’s new state agency will become a powerful buyer of iron ore
China’s new state agency will become a powerful buyer of iron ore

CMRG consolidates raw material purchases of about 20 of the largest Chinese steel producers

Photo – Anglo American lowered forecasts for iron ore and coking coal production in 2022-2024
Anglo American lowered forecasts for iron ore and coking coal production in 2022-2024

In 2022, the company expects to extract 15 million tons of coking coal

Photo – UZ reduced iron ore export shipments by 20.6% m/m in November 2022
UZ reduced iron ore export shipments by 20.6% m/m in November 2022

In 12 days, the queue of railcars in the direction of the western border crossings decreased by 10%

Photo – The supply of iron ore on the global market may decrease at the beginning of 2023
The supply of iron ore on the global market may decrease at the beginning of 2023

Prices continue to be driven by positive market sentiment and demand expectations in China

Photo – Ukraine reduced iron ore exports by 26.8% m/m in November 2022
Ukraine reduced iron ore exports by 26.8% m/m in November 2022

In November 2022, Ukrainian mining companies shipped 783,200 tons of iron ore abroad

Photo – Ukraine has the opportunity to increase the supply of iron ore to Slovakia — the Ministry of Economy
Ukraine has the opportunity to increase the supply of iron ore to Slovakia — the Ministry of Economy

In 9 months of 2022, the turnover between the countries increased by 30%

Photo – Vale to achieve production volumes of 360 million tons of iron ore per year by 2030
Vale to achieve production volumes of 360 million tons of iron ore per year by 2030

The production of iron ore pellets until 2030 is planned at the level of 100 million tons per year

Photo – Fitch affirmed its 2022-2023 iron ore and coking coal price forecast
Fitch affirmed its 2022-2023 iron ore and coking coal price forecast

The price of iron ore in 2023 is forecast at the level of $85/t

Photo – China reduced iron ore imports by 2.1% y/y in January-November 2022
China reduced iron ore imports by 2.1% y/y in January-November 2022

In November 2022, the iron ore import decreased by 5.8% year-on-year and by 4.1% more compared to the previous month

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