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iron ore - Latest Articles GMK Center

Photo – Iron ore prices in China have fallen to a 7-month low
Iron ore prices in China have fallen to a 7-month low

During the last week, the value of iron ore on the Dalian Exchange decreased by 10.4%

Photo – Rudomine operates at 50% of pre-war capacity due to logistics problems
Rudomine operates at 50% of pre-war capacity due to logistics problems

The company has difficulties with the delivery of spare parts and consumables

Photo – Ukrzaliznytsia temporary restricts iron ore shipping to the Czech Republic
Ukrzaliznytsia temporary restricts iron ore shipping to the Czech Republic

Iron ore shipments to the Tršinec railway station, where the Tršinec steel plant located, will be limited

Photo – In two weeks, iron ore prices fell by 12%
In two weeks, iron ore prices fell by 12%

Price of iron ore fell to $122.52/t

Photo – Ukrzaliznytsia limits ArcelorMittal’s shipments to Poland
Ukrzaliznytsia limits ArcelorMittal’s shipments to Poland

And introduces convention on iron ore shipments through Izov-Hrubieszów border crossing on June 19

Photo – Turkey reduced iron ore imports from Ukraine by 24% in January-April
Turkey reduced iron ore imports from Ukraine by 24% in January-April

In April, exports of Ukrainian iron ore to Turkey halted due to the war

Photo – China to increase iron ore imports with centralized purchases – FT
China to increase iron ore imports with centralized purchases – FT

The government wants to increase its influence on pricing and increase domestic production

Photo – Ferrexpo reduced pellet production by 8% in January-May
Ferrexpo reduced pellet production by 8% in January-May

In five months, the company produced 4.4 million tons of products

Photo – In China, iron ore prices reached a 6-week high
In China, iron ore prices reached a 6-week high

The removal of coronavirus restrictions in Shanghai had effected the prices

Photo – Australia expects iron ore prices to fall to $100 by the end of 2022
Australia expects iron ore prices to fall to $100 by the end of 2022

Coking coal prices are expected to rise to $150 per ton due to lack of production investments

Photo – Ingulets Mining successfully completed a pilot on increasing product’s iron content
Ingulets Mining successfully completed a pilot on increasing product’s iron content

It will allow the plant to produce 20-30 thousand tons of A-1 products per month

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