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iron ore - Latest Articles GMK Center

Photo – China cut iron ore output by 5% y/y in March
China cut iron ore output by 5% y/y in March

In the first quarter, production remained at the level of the same period last year

Photo – Tosyali Algeria invests $120-150 million in the construction of mining in Algeria
Tosyali Algeria invests $120-150 million in the construction of mining in Algeria

The annual capacity of the enterprise will be 500,000 tons of iron ore concentrate

Photo – Vale increased iron ore production by 5.8% y/y in the first quarter
Vale increased iron ore production by 5.8% y/y in the first quarter

The production of iron ore pellets increased by 20.1% y/y in January-March

Photo – Sukha Balka resumed tunneling work on the 1,500 m horizon of the Yuvileina mine
Sukha Balka resumed tunneling work on the 1,500 m horizon of the Yuvileina mine

Work on the horizon was halted by the Russian invasion and a shortage of skilled workers

Photo – Szczecin-Świnoujście port reduced iron ore transshipment by 45% y/y in the first quarter
Szczecin-Świnoujście port reduced iron ore transshipment by 45% y/y in the first quarter

In March, the port complex has reduced the processing of iron ore by 51.5%

Photo – ARMA prepares to sell iron ore seized in Ukraine
ARMA prepares to sell iron ore seized in Ukraine

The Agency takes measures to transfer property for sale

Photo – China increased iron ore imports by 9.8% y/y in Q1
China increased iron ore imports by 9.8% y/y in Q1

In January-March, Chinese steelmakers imported 294.33 million tons of iron ore

Photo – KZHRK increased sinter ore production by 15% m/m in March
KZHRK increased sinter ore production by 15% m/m in March

The production of sinter ore for January-March 2023 decreased by 36.4% y/y

Photo – Ukrainian iron and steel companies increased iron ore exports by 25% m/m in March 2023
Ukrainian iron and steel companies increased iron ore exports by 25% m/m in March 2023

During the month, mining companies of Ukraine shipped 1.51 million tons of iron ore to foreign consumers

Photo – Iron ore prices collapsed amid rising supply and weak demand
Iron ore prices collapsed amid rising supply and weak demand

Iron ore futures on the Dalian Commodity Exchange for the week of March 31 – April 7, 2023, fell by 12.4% compared to the previous week

Photo – Ukrainian Railways transported more than 1 million tons of iron ore to Slovakia in March
Ukrainian Railways transported more than 1 million tons of iron ore to Slovakia in March

570,000 tons of iron ore were shipped to the US Steel Kosice, and over 490,000 tons – to Czech and Austrian recipients

Photo – Sukha Balka purchased four loading and delivery vehicles
Sukha Balka purchased four loading and delivery vehicles

The machines will be used at the new production facilities of the mine and in the Yuvileyna mine

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