Understanding Iron Ore. Production and Usage:

• Global Output: Mines worldwide produce over 2.2 billion metric tons of usable iron ore annually.
• Steelmaking: Almost 98% of mined iron ore is used in steel production.

We source from our supplier where the best originated iron ore comes from

Major Producers and Exporters

• China, Australia, and Brazil dominate iron ore production.
• Other significant producers include India, Russia, Ukraine, and South Africa.

Our major destined regions are

• Japan
• South Korea
• Netherlands: Imported $3.12 billion

China’s Iron Ore Trade

• China is a major player, both as an importer and exporter
• In June 2024, China’s iron ore exports reached $319 million, while imports totaled $10.5 billion