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Article: Iron ore: a year of records.(Statistical Data Included)
- Article from:
- Mining Journal
- Article date:
- June 22, 2001
CopyrightCOPYRIGHT 2001 Mining Journal Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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World iron-ore production last year reached a new record of 938 Mt, 8% higher than in 1999 and surpassing the production in the previous record year of 1997 by 1.5%. The world trade in iron ore also reached a new peak, with exports totalling 488 Mt, 11% higher than the previous year. Australia and Brazil continued to outpace their rivals in terms of exports, and their combined share of world trade reached 66.7% in 2000. On the other side of the market, there were record imports of iron ore by South Korea and Taiwan, and China's share of total imports reached 28%.
These facts and figures are contained in `The Iron Ore Market 2000-2002', released this month by the ...