Ukraine – Top 10 Iron Ore-Producing Country In The World
Ukraine ranks as the world’s sixth-largest producer of iron, which produced 76 million MT of useable iron ore in 2022 with iron content of 47 million MT. Approximately 10% of the GDP of Ukraine is generated by the iron ore and steel sectors.
- The European Union’s steel sector depends on Ukraine’s exports of iron ore, and these shipments are being seriously impacted by Russia’s invasion.
- Ukraine served as a major supplier of iron ore and metallurgic coal to many European steel manufacturers.
- Iron ore is a significant export for Ferrexpo, the Ukrainian miner listed on the London Stock Exchange, according to a Financial Times article from mid-2022.
- In 2022, Ukraine’s output decreased by over 9% compared to the previous year.
- 30.6% of all Ukrainian ore was utilized by Slovakia between January and July of 2023. Poland is in third place with 19.6%, followed by the Czech Republic in second place with 23.7%.
Information | Details |
---|---|
Rank | 6th globally |
Production (2022) | 76 million tonnes (usable iron ore) |
Iron Content | 47 million tonnes |
Major Companies | Metinvest, Ferrexpo, ArcelorMittal Kryvyi Rih |
Export Share | Traditionally a major exporter, particularly to Europe |
Key Regions | Kryvyi Rih Basin (Dnipropetrovsk Oblast) |
Economic Impact | Iron ore and steel sectors generate significant revenue |
War Impact | Production and exports have been severely disrupted due to the Russian invasion, with mining operations and infrastructure damaged |
Future Outlook | Recovery likely post-war, but uncertainties remain regarding production capacity and logistical challenges |
List of Top 10 Iron Ore-Producing Countries in the World
List of Top 10 Iron Ore-Producing Countries in the World: The Top 10 Iron Ore-Producing Countries in the World are Australia, Brazil, China, India, Russia, Ukraine, South Africa, Iran, Kazakhstan, and Canada. The largest iron ore-producing country is Australia, which produced 880 million Metric Tonnes (MT) of useable iron ore in 2022, followed by Brazil and China as the second and third-highest iron ore-producing countries with 410 million MT and 380 million MT of useable iron ore.
In this article, we will look into the list of the top 10 iron-producing countries of the world along with their contribution to the global iron-ore output.
Table of Content
- Top 10 Iron Ore Producing Countries In 2024
- List Of Top 10 Iron Ore-Producing Countries In 2024
- Australia – Top 10 Iron Ore-Producing Country In the World
- Brazil – Top 10 Iron Ore-Producing Country In the World
- China – Top 10 Iron Ore-Producing Country In The World
- India – Top 10 Iron Ore-Producing Country In The World
- Russia – Top 10 Iron Ore-Producing Country In The World
- Ukraine – Top 10 Iron Ore-Producing Country In The World
- South Africa – Top 10 Iron Ore-Producing Country In The World
- Iran – Top 10 Iron Ore-Producing Country In The World
- Kazakhstan – Top 10 Iron Ore-Producing Country In The World
- Canada – Top 10 Iron Ore-Producing Country In The World