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iron ore - Latest Articles GMK Center

Photo – China reduced iron ore imports by 2.3% y/y in January-September 2022
China reduced iron ore imports by 2.3% y/y in January-September 2022

In September, the import of iron ore increased by 4.3% year-on-year and increased by 3.6% compared to the previous month

Photo – An increase in supply in the fourth quarter of 2022 will put pressure on iron ore market
An increase in supply in the fourth quarter of 2022 will put pressure on iron ore market

A slowdown in demand for iron ore was observed in the third quarter of 2022

Photo – UDP sent the first caravan with iron and steel cargoes to the Middle Danube
UDP sent the first caravan with iron and steel cargoes to the Middle Danube

5 barges with sinter ore and pellets were sent from Izmail to the Serbian port of Smederevo

Photo – The Polish port of Szczecin-Świnoujście increased iron ore transshipment by 30% in 9 months
The Polish port of Szczecin-Świnoujście increased iron ore transshipment by 30% in 9 months

In September 2022, iron ore processing in the port decreased by 77.3% y/y

Photo – Rio Tinto increased iron ore shipments by 4% in the third quarter of 2022
Rio Tinto increased iron ore shipments by 4% in the third quarter of 2022

The company confirmed the iron ore shipment forecast for 2022 at the level of 320-335 million tons

Photo – Brazil to launch a new iron ore mining project
Brazil to launch a new iron ore mining project

The plan is to extract 540,000 tons of iron ore per year from mines near the city of Porto Grande

Photo – KZHRK in January-September 2022 produced 2.5 million tons of sinter ore
KZHRK in January-September 2022 produced 2.5 million tons of sinter ore

Production of sinter ore for 9 months of 2022 decreased by 25% y/y

Photo – Vale reduced iron ore exports by 17.3% y/y in January-August 2022
Vale reduced iron ore exports by 17.3% y/y in January-August 2022

The company's sales of iron ore on the domestic market increased by 19.6% y/y

Photo – Ukraine reduced iron ore exports by 6% m/m in September 2022
Ukraine reduced iron ore exports by 6% m/m in September 2022

In September 2022, Ukrainian iron and steel companies shipped 1.36 million tons of iron ore abroad

Photo – Iron ore demand in China did not increase during the peak construction season
Iron ore demand in China did not increase during the peak construction season

Analysts believe that steel prices will be limited by the end of the year

Photo – The Ministry of Economy to increase the processing of steel raw materials
The Ministry of Economy to increase the processing of steel raw materials

Due to limited logistics capabilities, steelmakers need to increase exports of value-added products

Photo – Ukrzaliznytsia reduced iron ore export shipments by 28.6% m/m in September 2022
Ukrzaliznytsia reduced iron ore export shipments by 28.6% m/m in September 2022

In January-September 2022, Ukrainian iron and steel companies sent 19.8 million tons of ores abroad by rail

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