Key Market Indicators
Uruguay's iron ore imports skyrocketed in 2018, increasing by 291.1% from the previous year. Paraguay was number 67 in the rankings, at $2,750, while Brazil, Canada and South Africa were second, third and fourth respectively. However, the same period saw a huge decrease in the country's iron ore imports, which fell to $31 in 2018 from $3,680 in 2017 - a decrease of 99.2%. Uganda overtook Uruguay at 108, while Japan, South Korea and Germany ranked second, third and fourth respectively.
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China’s economic and infrastructural expansion has greatly influenced its commodities market, including ore trade. This sector has witnessed an increase in both imports and exports, signaling a robust demand for base and precious metals and expanding supply capabilities. However, the disproportionality between the two is worthy of note, with imports...Read more
Several dynamics are driving increased interest in the iron ore pellets industry. Predominantly, decarbonization efforts and stricter environmental regulations have stimulated demand for high-grade iron ore pellets in steelmaking, as they yield fewer emissions compared to low-grade ores. Moreover, developing economies infrastructure expansion - particularly in Asia, chiefly China and...Read more