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Iron ore insights: Global production trends and emerging markets

  • Tuesday, March 19, 2024
  • Source:ferro-alloys.com

  • Keywords:market, mining industry,mine,steel,iron ore,
[Fellow]Iron ore insights: Global production trends and emerging markets

【Ferro-alloys.com】:Highlighting key production figures and trends includes; Steady outputs from Australia and Brazil, India's notable growth trajectory, and lran's increasing significance in the industry.

Global iron ore established players like Australia and Brazil maintain their output levels, India's accelerate growth underscores its emergence as a formidable contender. The surge in iron ore production underscore India's potential to emerge as a dominant force in the global commodities market, signaling a transformativ shift in the country's industrial landscape and positioning it in shaping the future of the iron and steel indust worldwide.


Australia: Steady at 437 mnt (0% y-o-y)
Brazil: Resilient at958 mnt (+1% y-o-y)
China: Surging to313 mnt (+51% y-0-y)
India: Ascending to 291 mnt (+4% y-o-y)
Russia: Climbing to 97 mnt (+22% y-o-y)

  • [Editor:Alakay]

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