Iron Ore Mining Market in North America to 2020 - Demand for Steel in the US to Boost Regional Iron Ore Production

Iron Ore Mining Market in North America to 2020 - Demand for Steel in the US to Boost Regional Iron Ore Production



Summary



GBI Research’s new report, ‘Iron Ore Mining Market in North America to 2020 - Demand for Steel in the US to Boost Regional Iron Ore Production’ provides key information and analysis of the North American iron ore mining industry, comprising of the US and Canada. The report covers the industry’s drivers and restraints, production, reserves, consumption and details of country’s trade (imports and exports). This report is based on data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Research’s team of industry experts.



Scope


- Important Drivers and Restraints which are estimated to play a role in transforming the industry during the outlook period 2012-2020.
- Production of Iron Ore in North America. Historical data from 2000 to 2011 is provided and forecast to 2020.
- Consumption demand of iron ore in terms of volume. Historical data 2000 to 2011 is provided and forecast to 2020.
- Export/Import markets for North American iron ore categorized by the US and Canada’s export markets.
- Top Active and Planned projects spanning the North American iron ore mining landscape.
- Policy and regulatory framework governing the Iron ore mining industry
- Comprehensive profiles of key iron ore mining companies such as Cliffs Natural Resources Inc. (Cliffs Natural), Arch ArcelorMittal, Iron Ore Company of Canada (IOC), United States Steel Corporation (USSC) and others are discussed.



Reasons to buy


- Gain a strong understanding of the region’s iron ore mining industry
- Facilitate market analysis and forecasting of future iron ore industry trends
- Facilitate decision making and strategy formulation on the basis of strong historic and forecast production, consumption and trade data.
- Identify key growth and investment opportunities in the region's iron ore mining industry
- Position yourself to gain the maximum advantage of the industry’s growth potential

Metal Mining Industry in Canada

1 Table of Contents
1 Table of Contents 5
1.1 List of Tables 7
1.2 List of Figures 8
2 Introduction 9
3 North America, Iron Ore Mining Industry 10
4 North America, Iron Ore Mining Industry - Drivers and Restraints 11
4.1 North America, Iron Ore Mining Industry - Drivers 11
4.1.1 Availability of High Grade Iron Ore 11
4.1.2 Sustainable Amount of Iron Ore Reserves 11
4.1.3 Infrastructural Facilities 11
4.2 North America, Iron Ore Mining Industry - Restraints 12
4.2.1 Phenominal Increase in Demand from China 12
4.2.2 Skilled Labor Shortages 12
5 North America, Iron Ore Mining Industry - Production, Reserves and Consumption 13
5.1 North America, Iron Ore Mining Industry - Total Production 13
5.1.1 North America, Iron Ore Mining Industry -North America Production vs. Global Production 15
5.1.2 North America Iron Ore Mining Industry - Total Production by Country 16
5.2 North America Iron Ore Mining Industry - Total Reserves 17
5.2.1 North America Iron Ore Mining Industry - North America Reserves vs. Global Reserves 18
5.2.2 North America Iron Ore Mining Industry - Total Reserves by Country 19
5.3 North America Iron Ore Mining Industry - Total Consumption 20
5.3.1 North America Iron Ore Mining Industry - North America Consumption vs. Global Consumption 22
5.3.2 North America Iron Ore Mining Industry - Total Consumption by Country 23
6 The US Iron Ore Mining Industry 24
6.1 The US Iron Ore Mining Industry - Drivers and Restraints 24
6.1.1 The US Iron Ore Mining Industry - Drivers 24
6.1.2 The US Iron Ore Mining Industry - Restraints 25
6.2 The US Iron Ore Mining Industry - Production, Reserves, Consumption and Trade 26
6.2.1 The US Iron Ore Mining Industry - Total Production 26
6.2.2 The US Iron Ore Mining Industry - Total Reserves 29
6.2.3 The US Iron Ore Mining Industry - Total Consumption 32
6.2.4 The US Iron Ore Mining Industry - Exports and Imports Scenario 35
6.3 The US Iron Ore Mining Industry - Fiscal Regime 39
6.3.1 The US, Governing Bodies 39
6.3.2 The US, Governing Law 39
6.3.3 The US, Mining Licenses and Permit 40
6.3.4 The US, Rights and Obligations 41
6.3.5 The US, Key Fiscal Terms 41
7 Canada Iron Ore Mining Industry 46
7.1 Canada Iron Ore Mining Industry - Drivers and Restraints 46
7.1.1 Canada Iron Ore Mining Industry - Drivers 46
7.1.2 Canada Iron Ore Mining Industry - Restraints 47
7.2 Canada Iron Ore Mining Industry - Production, Reserves, Consumption and Trade 48
7.2.1 Canada Iron Ore Mining Industry - Total Production 48
7.2.2 Canada Iron Ore Mining Industry - Total Reserves 51
7.2.3 Canada Iron Ore Mining Industry - Total Consumption 53
7.2.4 Canada Iron Ore Mining Industry - Exports and Imports Scenario 56
7.3 Canada Iron Ore Mining Industry - Fiscal Regime 61
7.3.1 Canada, Governing Body 61
7.3.2 Canada, Governing Law 61
7.3.3 Canada, Fiscal Terms 62
8 North America Iron Ore Mining Industry Top Active and Planned Projects 65
8.1 North America Iron Ore Mining Industry - Top Active Projects 65
8.2 North America Iron Ore Mining Industry - Planned Projects 66
9 North America Iron Ore Mining, Top Iron Ore Producing Companies 67
9.1 Cliffs Natural Resources Inc. (Cliffs Natural) 67
9.1.1 Cliffs Natural Resources Inc. (Cliffs Natural), Overview 67
9.1.2 Cliffs Natural Resources Inc. (Cliffs Natural), Business Description 67
9.1.3 Cliffs Natural Resources Inc. (Cliffs Natural), Iron Ore Projects 68
9.2 ArcelorMittal 69
9.2.1 ArcelorMittal, Overview 69
9.2.2 ArcelorMittal, Business Description 69
9.2.3 ArcelorMittal, Iron Ore Projects 70
9.3 Iron Ore Company of Canada (IOC) 71
9.3.1 Iron Ore Company of Canada (IOC), Overview 71
9.3.2 Iron Ore Company of Canada (IOC), Business Description 71
9.3.3 Iron Ore Company of Canada (IOC), Iron Ore Projects 71
9.4 United States Steel Corporation (USSC) 72
9.4.1 United States Steel Corporation (USSC), Overview 72
9.4.2 United States Steel Corporation (USSC), Business Description 72
9.4.3 United States Steel Corporation (USSC), Iron Ore Projects 73
9.5 ArcelorMittal USA LLC 74
9.5.1 ArcelorMittal USA LLC, Overview 74
9.5.2 ArcelorMittal USA LLC, Business Description 74
9.5.3 ArcelorMittal USA LLC, Iron Ore Projects 74
9.6 Palladon Ventures Ltd. (Palladon) 75
9.6.1 Palladon Ventures Ltd. (Palladon), Overview 75
9.6.2 Palladon Ventures Ltd. (Palladon), Business Description 75
9.6.3 Palladon Ventures Ltd. (Palladon), Iron Ore Projects 76
10 Appendix 77
10.1 About GBI Research 77
10.2 Abbreviations 77
10.3 Methodology 78
10.3.1 Coverage 78
10.3.2 Secondary Research 78
10.3.3 Primary Research 78
10.3.4 Expert Panel Validation 78
10.4 Contact Us 78
10.5 Disclaimer 79

1.1 List of Tables

Table 1: Iron Ore Mining Industry, North America, Total Production (MMt), 2000-2020 14
Table 2: Iron Ore Mining Industry, North America, Total Reserves (MMt), 2000-2010 17
Table 3: Iron Ore Mining Industry, North America, Total Consumption (MMt), 2000-2020 21
Table 4: Iron Ore Mining Industry, United States, Total Production (MMt), 2000-2020 27
Table 5: Iron Ore Mining Industry, United States, Total Reserves (MMt), 2000-2010 30
Table 6: Iron Ore Mining Industry, United States, Total Consumption (MMt), 2000-2020 33
Table 7: Iron Ore Mining Industry, United States, Exports / Imports (MMt), 2000-2020 36
Table 8: Iron Ore Mining Industry, United States, Export to Region and Destination Countries (MMt), 2010 37
Table 9: Iron Ore Mining Industry, United States, Import from Countries of Origin (MMt), 2010 38
Table 10: Iron Ore Mining Industry, United States, Occupation Tax Rates (%), 2011 41
Table 11: Iron Ore Mining Industry, United States, Alaska, Mining Tax on Net Income, 2011 42
Table 12: Iron Ore Mining Industry, United States, Federal Income Tax Rates (%), 2011 43
Table 13: Iron Ore Mining Industry, United States, Federal Income Tax Rates (%), 2011 43
Table 14: Iron Ore Mining Industry, Canada, Total Production (MMt), 2000-2020 49
Table 15: Iron Ore Mining Industry, Canada, Total Reserves (MMt), 2000-2010 51
Table 16: Iron Ore Mining Industry, Canada, Total Consumption (MMt), 2000-2020 54
Table 17: Iron Ore Mining Industry, Canada, Total Exports and Imports (MMt), 2000-2020 58
Table 18: Iron Ore Mining Industry, Canada, Export to Region and Destination Countries (MMt), 2010 60
Table 19: Iron Ore Mining Industry, Canada, Royalty Rate(%), 2011 62
Table 20: Iron Ore Mining Industry, Canada, Provincial Corporate Tax Rates (%), 2011 63
Table 21: Iron Ore Mining Industry, Canada, Depreciation Rates (%), 2011 63
Table 22: Iron Ore Mining Industry, Canada, GST/HST Rates (%), 1997 - 2011 64
Table 23: Iron Ore Mining Industry, Canada, British Columbia, Mineral Land Tax Rates (%), 2011 64
Table 24: Iron Ore Mining Industry, North America, Top Active Projects 65
Table 25: Iron Ore Mining Industry, North America, Planned Projects 66
Table 26: Iron Ore Mining Industry, North America, Cliffs Natural Resources Inc. , Major Iron Ore Projects 68
Table 27: Iron Ore Mining Industry, North America, ArcelorMittal, Major Iron Ore Projects 70
Table 28: Iron Ore Mining Industry, North America, Iron Ore Company of Canada (IOC), Major Iron Ore Projects 71
Table 29: Iron Ore Mining Industry, North America, United States Steel Corporation (USSC), Major Iron Ore Projects 73
Table 30: Iron Ore Mining Industry, North America, ArcelorMittal USA LLC, Major Iron Ore Projects 74
Table 31: Iron Ore Mining Industry, North America, Palladon Ventures Ltd. (Palladon), Major Iron Ore Projects 76

1.2 List of Figures

Figure 1: Iron Ore Mining Industry, North America, Total Production (MMt), 2000-2020 13
Figure 2: Iron Ore Mining Industry, North America, North America Production vs. Global Production (%), 2011 15
Figure 3: Iron Ore Mining Industry, North America, Total Production by Country (MMt), 2000 - 2020 16
Figure 4: Iron Ore Mining Industry, North America, Total Reserves (MMt), 2000-2010 17
Figure 5: Iron Ore Mining Industry, North America, North America Reserves vs. Global Reserves (%), 2010 18
Figure 6: Iron Ore Mining Industry, North America, Reserves by Country, 2000 - 2010 19
Figure 7: Iron Ore Mining Industry, North America, Total Consumption (MMt), 2000-2020 20
Figure 8: Iron Ore Mining Industry, North America, North America Consumption vs. Global Consumption (%), 2011 22
Figure 9: Iron Ore Mining Industry, North America, Total Consumption by Country (MMt), 2000 - 2020 23
Figure 10: Iron Ore Mining Industry, United States, Total Production (MMt), 2000-2020 26
Figure 11: Iron Ore Mining Industry, United States, United States Production vs. North America Production (%), 2011 28
Figure 12: Iron Ore Mining Industry, United States, Total Reserves (MMt), 2000-2010 29
Figure 13: Iron Ore Mining Industry, United States, United States Reserves vs. North America Reserves (%), 2010 31
Figure 14: Iron Ore Mining Industry, United States, Total Consumption (MMt), 2000-2020 32
Figure 15: Iron Ore Mining Industry, United States, United States Consumption vs. North America Consumption (%), 2011 34
Figure 16: Iron Ore Mining Industry, United States, Total Exports and Imports (MMt), 2000-2020 35
Figure 17: Iron Ore Mining Industry, United States, Export to Destination Countries (%), 2010 37
Figure 18: Iron Ore Mining Industry, United States, Import from Countries of Origin (%), 2010 38
Figure 19: Iron Ore Mining Industry, Canada, Transportation 47
Figure 20: Iron Ore Mining Industry, Canada, Total Production (MMt), 2000-2020 48
Figure 21: Iron Ore Mining Industry, Canada, Canada Production vs. North America Production (%), 2011 50
Figure 22: Iron Ore Mining Industry, Canada, Total Reserves (MMt), 2000-2010 51
Figure 23: Iron Ore Mining Industry, Canada, Canada Reserves vs. North America Reserves (%), 2010 52
Figure 24: Iron Ore Mining Industry, Canada, Total Consumption (MMt), 2000-2020 53
Figure 25: Iron Ore Mining Industry, Canada, Canada Consumption vs. North America Consumption (%), 2011 55
Figure 26: Iron Ore Mining Industry, Canada, Total Exports (MMt), 2000-2020 56
Figure 27: Iron Ore Mining Industry, Canada, Total Imports (MMt), 2000-2020 57
Figure 28: Iron Ore Mining Industry, Canada, Export to Destination Countries (%), 2010 59

Iron Ore in Canada

Canada Iron Ore Mine Production, Mn Tonnes

• $ 250
• Industry data
• February 2013

Yearly, From 2002 To 2017
By Business Monitor International
Source: Natural Resources Canada/BMI Calculation

• Industries : Metal and Mineral
• Countries : Canada

Canada Iron Ore Exports, Us$mn

• $ 250
• Industry data
• February 2013

Yearly, From 1990 To 2010
By Business Monitor International
Source: UN Comtrade

• Industries : Metal and Mineral
• Countries : Canada

Canada Iron Ore Export Volumes, % Change Y-o-y

• $ 250
• Industry data
• February 2013

Yearly, From 1991 To 2010
By Business Monitor International
Source: UN Comtrade/BMI Calculation

• Industries : Metal and Mineral
• Countries : Canada

Canada Iron Ore Exports, Us$mn, % Change Y-o-y

• $ 250
• Industry data
• February 2013

Yearly, From 1991 To 2010
By Business Monitor International
Source: UN Comtrade/BMI Calculation

• Industries : Metal and Mineral
• Countries : Canada

Canada Iron Ore Reserves, Mn Tonnes

• $ 250
• Industry data
• February 2013

Yearly, From 2002 To 2006
By Business Monitor International
Source: USGS

• Industries : Metal and Mineral
• Countries : Canada

Metal Mining in Canada

Canada Iron And Steel, Exports, % Y-o-y

• $ 250
• Industry data
• February 2013

Yearly, From 1996 To 2017
By Business Monitor International
Source: BMI calculation

• Industries : Metal Mining
• Countries : Canada

Canada Iron And Steel, Imports, % Y-o-y

• $ 250
• Industry data
• February 2013

Yearly, From 1996 To 2017
By Business Monitor International
Source: BMI calculation

• Industries : Metal Mining
• Countries : Canada

Canada Iron And Steel, Exports, Us$mn

• $ 250
• Industry data
• February 2013

Yearly, From 1995 To 2017
By Business Monitor International
Source: UNCTAD

• Industries : Metal Mining
• Countries : Canada

Canada Iron And Steel, Imports, Us$mn

• $ 250
• Industry data
• February 2013

Yearly, From 1995 To 2017
By Business Monitor International
Source: UNCTAD

• Industries : Metal Mining
• Countries : Canada

Canada Silver Domestic Population Mn

• $ 250
• Industry data
• February 2013

Yearly, From 1990 To 2017
By Business Monitor International
Source: World Bank/UN/BMI Calculation

• Industries : Metal Mining
• Countries : Canada