iron ore consumers of the world

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  Mineral Commodity Summaries 2022 - Iron Ore

  2024510 · Globally, estimated iron ore production in 2021 increased by 4% from that of 2020. Global finished steel consumption was forecast by the World Steel Association5 to increase by 4.5% in 2021 and increase by 2.2% in 2022. World Mine Production and Reserves: Reserves for Australia, Peru, and Turkey were revised based on Government …

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  How Much Iron Is Left In The World, Will We Run Out,

  2022419 · How Much Iron Ore Is Left On Earth – Resources, & Reserves. One estimate indicates there’s 800 billion tonnes of crude iron ore resources left in the world, and 230 billion tonnes of that is iron content. Another estimate indicates that there’s 180 billion metric tons of crude iron ore reserves, and the iron content of that is 85 billion ...

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  Iron & Steel Industry in India: Production, Market Size, …

  India is the world’s second-largest producer of crude steel, with an output of 125.32 MT of crude steel and finished steel production of 121.29 MT in FY23. India’s steel production is estimated to grow 4-7% to 123-127 MT in FY24. The growth in the Indian steel sector has been driven by the domestic availability of raw materials such as iron ...

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  The Iron Ore, Coal and Gas Sectors | Bulletin – …

  20211023 · China overtook Japan as the world’s biggest iron ore trader in 2004, at which point demand for iron ore in the booming economy became the leading factor affecting price changes. This was when the Big Four leveraged their weight in the market to negotiate aggressive long-term agreements, driving up the price of iron ore.

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  Mining Intelligence: World’s top iron ore producers

  2022526 · Excluding non-miners such as Mitsui, Mining Intelligence compiled a list of the 10 largest iron ore producers in the world and ranked them based on 2021 production units, measured in million tonnes.

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  Iron Ore (HS: 2601) Product Trade, Exporters and Importers

  Overview This page contains the latest trade data of Iron Ore. In 2022, Iron Ore were the world's 16th most traded product, with a total trade of $159B. Between 2021 and 2022 the exports of Iron Ore decreased by -28.4%, from $222B to $159B. Trade in Iron Ore represent 0.67% of total world trade.

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