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Press Release

Global Iron Ore Market Growth Analysis (2018-2023) by Top Leading Players - Vale, Rio Tinto, BHP, Fortescue Metals, Anmining

This press release was orginally distributed by SBWire

Los Angeles, CA -- (SBWIRE) -- 12/27/2018 -- This study focuses on the production side and consumption side of Iron Ore, presents the global Iron Ore market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

In terms of production side, this report researches the Iron Ore capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Iron Ore by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

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Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. Ores containing very high quantities of hematite or magnetite (greater than about 60% iron) are known as "natural ore" or "direct shipping ore", meaning they can be fed directly into iron-making blast furnaces. Iron ore is the raw material used to make pig iron, which is one of the main raw materials to make steel—98% of the mined iron ore is used to make steel.

Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in colour from dark grey, bright yellow, or deep purple to rusty red. The iron itself is usually found in the form of magnetite (Fe3O4, 72.4% Fe), hematite (Fe2O3, 69.9% Fe), goethite (FeO(OH), 62.9% Fe), limonite (FeO(OH)·n(H2O), 55% Fe) or siderite (FeCO3, 48.2% Fe).

The global iron ore market is highly fragmented with small and large vendors. The market is highly competitive and dominated by large global vendors who have a vast geographical presence, with production facilities located worldwide. The key vendors in the market are BHP, Fortescue Metals, Rio Tinto, Vale. Other prominent players are Anmining, ArcelorMittal, Anglo American, HBIS Group, Beijing Huaxia Jianlong Mining, Evrazholding Group, Metalloinvest, LKAB Group and Cleveland-Cliff.

The global Iron Ore industry is very competitive. The key points affecting competition are price, quality and range of products offered, reliability, operating costs and shipping costs. The big players are taking advantage of economy of scale to squeeze small competitors and gain market share. Efficiency in reducing costs is crucial to survive in an environment, which already led some small players to bankruptcy filings.

The Iron Ore market was valued at 152400 Million US$ in 2017 and is projected to reach 300300 Million US$ by 2025, at a CAGR of 8.9% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Iron Ore.

Get the full report details at https://www.qyresearch.com/index/detail/709516/global-iron-ore-industry-research-report-growth-trends-and-competitive-analysis

This report includes the following manufacturers; we can also add the other companies as you want.

Vale

Rio Tinto

BHP

Fortescue Metals

Anmining

Europe

C.I.S.

North America

Asia

South & Central America

Asia

Oceania

Market Segment by Product Type

Iron Ore Fines

Iron Ore Pellets

Other

Market Segment by Application

Application 1

Application 2

Key Regions split in this report:

North America

United States

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Australia

Indonesia

Malaysia

Philippines

Thailand

Vietnam

Europe

Germany

France

UK

Italy

Russia

Central & South America

Brazil

Rest of Central & South America

Middle East & Africa

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The study objectives are:

To analyze and research the global Iron Ore status and future forecast, involving capacity, production, value, consumption, growth rate (CAGR), market share, historical and forecast.

To present the key Iron Ore manufacturers, capacity, production, revenue, market share, and recent development.

To split the breakdown data by regions, type, manufacturers and applications.

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends, drivers, influence factors in global and regions.

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Iron Ore are as follows:

History Year: 2013-2018

Base Year: 2017

Estimated Year: 2018

Forecast Year 2018 to 2025

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For more information on this press release visit: http://www.sbwire.com/press-releases/global-iron-ore-market-growth-analysis-2018-2023-by-top-leading-players-vale-rio-tinto-bhp-fortescue-metals-anmining-1112015.htm

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Web: https://www.qyresearch.com/index/detail/709516/global-iron-ore-industry-research-report-growth-trends-and-competitive-analysis

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