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The iron ore market is forecasted to grow by USD 57.5 billion during 2023-2028, accelerating at a CAGR of 3.2% during the forecast period. The report on the iron ore market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by upsurge in consumption of high-strength iron ore and steel, industrialization in developing countries, and growing demand from construction industry.
The iron ore market is segmented as below:
By Product
- Fines
- Pellets
- Lump
- HBI/DRI
By Source
- Surface mining
- Underground mining
By Geographical Landscape
- APAC
- Europe
- South America
- North America
- Middle East and Africa
The report on the iron ore market covers the following areas:
- Iron ore market sizing
- Iron ore market forecast
- Iron ore market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Source
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global iron ore market: Anglo American plc, Ansteel Group Corp. Ltd., ArcelorMittal SA, Atlas Iron Pty Ltd., BCI Minerals Ltd., BHP Group plc, China Hanking Holdings Ltd., Cleveland Cliffs Inc., Eurasian Resources Group Sarl, Ferrexpo Plc, Fortescue Metals Group Ltd., GFG Alliance, KIOCL Ltd., Luossavaara Kiirunavaara AB, Metinvest BV, Mideast Integrated Steel Ltd., Mount Gibson Iron Ltd., NMDC Ltd., Rio Tinto Ltd., and Vale SA.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is economic growth in china and india boosting demand for stainless steel."
According to the report, one of the major drivers for this market is the upsurge in consumption of high-strength iron ore and steel.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Anglo American plc
- Ansteel Group Corp. Ltd.
- ArcelorMittal SA
- Atlas Iron Pty Ltd.
- BCI Minerals Ltd.
- BHP Group plc
- China Hanking Holdings Ltd.
- Cleveland Cliffs Inc.
- Eurasian Resources Group Sarl
- Ferrexpo Plc
- Fortescue Metals Group Ltd.
- GFG Alliance
- KIOCL Ltd.
- Luossavaara Kiirunavaara AB
- Metinvest BV
- Mideast Integrated Steel Ltd.
- Mount Gibson Iron Ltd.
- NMDC Ltd.
- Rio Tinto Ltd.
- Vale SA
