PUBLISHER: GlobalData | PRODUCT CODE: 1617551
PUBLISHER: GlobalData | PRODUCT CODE: 1617551
GlobalData's "Global Iron Ore Mining to 2030" provides a comprehensive coverage on the Global iron ore mining industry. It provides historical and forecast data on iron ore production, reserves by country, and world iron ore prices. The report also includes a demand drivers section providing information on factors that are affecting the country's iron ore industry such as demand from end use sectors including steel, construction and automotive industries. It further profiles major iron ore producers, information on the major active, planned and exploration projects.
Global iron ore production is expected to increase to 2,605.3Mt in 2024, a growth of 2.9% over 2023, with, China, India, Brazil and Australia all contributing to the growth. Combined output from these countries is expected to increase from 1,941.8Mt in 2023 to 1,989.5Mt in 2024 - a 2.5% increase. Global iron ore production is expected to grow at a compound annual growth rate (CAGR) of 3.0% over the forecast period to reach 3,118.9Mt in 2030.