Iron Ore Market Size, Share, Growth | Analysis Report [2032]
Steel production constituted the largest market share in the global market. Iron ore serves as the primary raw material in steel production. The rising global demand for steel, particularly in regions characterized by robust industrial and construction sectors, is expected to drive global steel production, consequently influencing market growth.
Global iron ore production to recover by 5.1% in 2021, after …
Global iron ore production fell by 3% to 2.2bnt in 2020. Global production is expected to grow at a compound annual growth rate (CAGR) of 3.7% to 2,663.4Mt between 2021 to 2025.
Global Consumption of Iron ore, 2017
Of the total global iron ore production in 2020, Australia had a major share followed by Brazil, India, and China. China is the world's largest iron ore importer, while Australia and Brazil are the top exporters.
Introduction: Overview of the global iron ore industry
Iron ore is regarded as the second most important commodity behind oil. As an essential input for the production of crude steel, iron ore feeds the world's largest trillion-dollar-a-year metal market and is the backbone of global infrastructure.
Mineral Commodity Summaries 2024
Iron ore production and trade in 2023 were estimated to have increased likely owing to . restocking and increased consumption for intermediate products. Domestic iron ore production was estimated to be ... forecast global finished steel consumption to increase by 1.8% in 2023 and increase by 1.9% in 2024. Global end-use consumption of steel ...
APAC: iron ore production by country 2021 | Statista
In 2021, China produced the highest volume of iron ore across the Asia-Pacific region, in which approximately 980.5 million tons of iron ore was produced.
Global Iron Ore Production Data; Clarification of Reporting …
This article documents the revision of world iron ore production totals and augments historical China iron ore production figures to show both crude and usable ore values.
World Mining Data 2023
developments in global mining production based on data from this publication. The ... Iron, Chromium, Cobalt, Manganese, Molybdenum, Nickel, Niobium, Tantalum, Titanium, ... Mineral raw materials and ore bodies with significant variations in valuable mineral Iron and Ferro-Alloy Metals:
Global iron ore production to recover by 5.1% in 2021 …
Global iron ore production is set to recover by 5.1% in 2021 as output bounces back following the impacts of the Covid-19 pandemic last year. According to data and analytics firm GlobalData, the industry's production of the mineral, which is key to the manufacturing of steel, fell by 3% to 2.2 billion tonnes (Bt) in 2020.
Global iron ore mine production 2023, by country
Australia and Brazil are among the world's largest iron ore mine producers, producing 960 million metric tons and 440 million metric tons, respectively, in 2023. Accordingly, iron …
Iron Ore Mining Industry Analysis: 2030 Global Forecast
Global iron ore production is expected to increase to 2,398.3Mt in 2023, a growth of 1.1% over 2022, with Brazil, China, Russia, India, and Australia all contributing to the growth.
Global monthly iron production in 2019 | Statista
In November 2019, there was some 100.4 million metric tons of blast furnace iron produced, in addition to a direct reduced iron production of 7.6 million metric tons.
Iron ore: mining company production ranking 2023 | Statista
In the fourth quarter (Q4) of 2023, the Brazilian mining company Vale was the world's leading iron ore mining company, with a production volume of nearly 91.5 million metric tons in that quarter ...
Global iron-ore production growth to accelerate – BMI
Research firm BMI states that global iron-ore production growth will accelerate in the coming years, bringing an end to the stagnation that has persisted since iron-ore prices hit a decade-low ...
Temporal and spatial evolution of global iron ore supply …
After 2007, which was marked by a decline in iron ore production in China, the total production of iron ore in Asia also declined and decreased to 400.32 million t by 2017, with an average annual decline rate of 4.88%. (2) The production of iron ore in Oceania has continued to grow, and has increased 13 times between 1971 and 2017.
Global usable iron ore production 2010-2023
In 2023, the total volume of usable iron ore produced worldwide amounted to an estimated 2.5 billion metric tons. The leading iron ore producing country that year was Australia, …
Global Iron Ore Production, Demand, Export and Import
The global iron ore production is forecasted to reach 3.17 billion metric tonnes in 2026, experiencing growth at a CAGR of 5.59% during the period spanning from 2022 to 2026.
Production of Iron ore in India, 2020
Iron ore Production in India . India is endowed with metallic, non-metallic and atomic minerals. The Geological Survey of India (GSI) classifies iron ore formation across five zones, based on geological, geographical and commercial grounds.
Iron-ore output poised to grow globally up to 2030
Research agency Fitch Solutions Country Risk & Industry Research believes global iron-ore production is likely to accelerate between 2022 and 2026, after stagnating somewhat over the past five ...
Iron ore | BHP
What is iron ore? Iron ores are rocks and minerals from which metallic iron can be extracted. There are four main types of iron ore deposit: massive hematite, which is the most commonly mined, magnetite, titanomagnetite, and pisolitic ironstone.
Iron Ore
Iron Ore decreased 35.93 USD/MT or 26.35% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Iron Ore - values, historical data, forecasts and news - …
World Mining Data 2022
Fact-based knowledge of mineral production, market concentrations and production trends are the basis of foresighted policy and decision-making. This can help to identify
Global Iron Ore Mining Outlook
Global iron ore production growth will accelerate over 2021-2025 after stagnating during the previous five years. Continued, albeit slower growth in Australia, faster growth in …
India's iron ore production slowly gains traction, expected …
After several years of growth, India's iron ore production fell by 14.4% to 199.5Mt (million tonnes) in 2020. This fall was primarily due to 18.3% lower output from the state of Odisha, which accounted for 51.9% of the total production
Iron ore facts
Global production of iron ore was estimated to have been 2,611 million tonnes in 2022, slightly lower than the 2,681 million tonnes produced in 2021. Global iron ore production is concentrated in the top four global producers, which together accounted for 75% of global production.
Iron ore tailings production worldwide | Statista
The global tailings production from iron ore mining stood at nearly 1.4 billion metric tons in 2018.
Iron Ore | Geoscience Australia
Based on data published by the United States Geological Survey 16, supplemented by Geoscience Australia data, Australia ranks highly both in terms of production and economic resources of iron ore. Australia has the world's largest economic resources of iron ore with 29% of the global total.
16 Largest Iron Ore Producing Countries In The World
The global iron ore production has faced significant disruptions due to the COVID-19 pandemic. According to Mining Technology, global iron ore production declined by around 3% in 2020 compared to ...
Global iron ore production growth to accelerate until 2026 …
Global iron ore production growth will accelerate in the coming years, bringing an end to the stagnation that has persisted since iron ore prices hit a decade-low average of $55 a tonne in 2015 ...
Iron ore: global reserves by country 2023 | Statista
The reserves of crude iron ore in Australia, the country with the world's largest iron ore reserves, were estimated to be approximately 58 billion metric tons in 2023.