Iron Ore: Market Research Report
This report analyzes the worldwide markets for Iron Ore in Million Metric Tons. The report provides separate comprehensive analytics for the North America, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for each region for the period 2006 through 2015. The report profiles 153 companies including many key and niche players such as ArcelorMittal SA, BHP Billiton Group, Cliffs Natural Resources, Inc., Guangdong Dading Mining Co., Ltd., Hainan Mining United Co., Ltd., Hanxing Metallurgical Mine Administration, Kumba Iron Ore Limited, Kunming Iron & Steel (Group) Co., Ltd., Laiwu Iron & Steel Group Company Limited, Luossavaara-Kiirunavaara AB, Mechel OAO, Rio Tinto Group, Iron Ore Company of Canada, Shandong Jinshunda Group Co., Ltd., United States Steel Corporation, and Vale S.A.. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.
Contents
I.INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONSStudy Reliability and Reporting Limitations
Disclaimers
Data Interpretation & Reporting Level
Quantitative Techniques & Analytics
Product Definitions and Scope of Study
II. EXECUTIVE SUMMARY
1.INDUSTRY OVERVIEW
Outlook
Industry Snapshot
Iron Ore Industry Faces the Heat of Economic Slowdown
Major Iron Ore Companies Reduce Production
Table 1: World Iron Ore Industry (2008): Annualized Production Cut Backs in Million Tons by Major Companies – BHP Billiton, Rio Tinto, CVRD, FMG (includes corresponding Graph/Chart)
China – A Major Player
World Iron Ore Production Landscape
Iron Ore Reserves
Table 2: World Iron Ore Reserves (2009): Iron Ore Reserves in Billion Tons by Geographic Region – Ukraine, Brazil, Russia, China, Australia, India, and Rest of World (includes corresponding Graph/Chart)
Iron Ore Production
Table 3: World Iron Ore Production (2008): Percentage Breakdown of Volume Production by Geographic Region – China, Brazil, Australia, India, Russia, and Rest of World (includes corresponding Graph/Chart)
Pricing Dynamics
An Overview
Pricing Scenario in 2009
Contract Pricing Vs. Spot Pricing
Table 4: World Historic & Recent Past Analysis for Iron Ore - Contract Prices in US$/ton for Years 2003 through 2008 (includes corresponding Graph/Chart)
Table 5: World Recent Past Analysis for Iron Ore – Spot Prices in US$/ton for Q1 2008 through Q2 2009 (includes corresponding Graph/Chart)
Pricing Outlook
Global Iron Ore Trade
Soaring Sea borne Iron Ore Trade
Export /Import Scenario
Iron Ore Exports
Table 6: World Iron Ore Exports by Geographic Region (2003-2007) –Brazil, Australia, India, Canada, and Rest of World Markets (In Million Tons) (includes corresponding Graph/Chart)
Iron Ore Imports
Table 7: Global Iron Ore Market (2009): Percentage Breakdown of Imports by Country/ Region - China, Japan, European Union, South Korea, Taiwan, US and Rest of World (includes corresponding Graph/Chart)
2.COMPETITIVE LANDSCAPE
Table 8: Leading Players in Global Iron Ore Industry (2009): Percentage Breakdown of Sales by Company – Vale, Rio Tinto, BHP Billiton, Kumba, LKAB, and Others (includes corresponding Graph/Chart)
The Big Three – A Comparative Analysis
Capacity Expansion Plans of Major Companies
3.STEEL INDUSTRY – AN OVERVIEW
Table 9: Global Steel Industry (2008 & 2009): Steel Production in Leading Countries (Million Metric Tons) (includes corresponding Graph/Chart)
Table 10: Global Steel Industry (2008): Percentage Breakdown of Steel Production by Country (includes corresponding Graph/Chart)
Market Scenario
Asia
Europe
North America
Other Countries
China – The Market Leader
Impact of Recession on Global Steel Industry
Bright Future Ahead
4.PRODUCT OVERVIEW
Introduction
Properties of Iron
Applications
Iron Blue
Powdered Iron
Black Iron-Oxide
Radioactive Iron
Sources of Iron
Hematite
Magnetite
Taconite
Magmatic Magnetite Ore Deposits
Alternative Sources and Substitutes
Trace Elements in Iron Ore
Aluminum (Al)
Silicon (Si)
Phosphorus (P)
Sulfur (S)
Factors Impacting Iron Ore Quality
Iron Making
5.RECENT INDUSTRY ACTIVITY
ArcelorMittal Dofasco Divests Minority Interest in Wabush Mines
Midas Resources Acquires Mulga Minerals
Rio Tinto Signs Agreement with BHP Billiton
Rio Tinto Inks Strategic Agreement with Vale
Hainan Mining United Constructs Underground Iron Ore Mine
China Shipping Haisheng Signs Shipping Contract with Hainan Mining
WISCO Invests in Consolidated Thompson Iron Mines
China Global Mining Resources Acquires Nanjing Sudan Mining and Maanshan Xiaonanshan Mining
Sical Logistics Partners with MMTC
Lincoln Minerals Inks Heads of Agreement with Samusa
NMDC Enters into Joint Venture Agreement with Kopano Ke Matla Investment
Grange Resources Merges with Australian Bulk Minerals
ArcelorMittal Signs Agreement with Adriana Resources
ArcelorMittal Acquires London Mining South America
BC Iron Signs Joint Venture Agreement with Fortescue Metals Group
Sesa Goa Acquires Mining Assets of Dempo Group
Western Mining Acquires Stake in Shuangli Mining
Rio Tinto Inks Supply Contract with Hyundai Steel
BHP Billiton to Expand Iron Ore Production Capacity through RGP5
BlueScope Steel Signs Iron Ore Purchase Contract with BHP Billiton
G4G Resources Acquires Majority Stake in Magnetite Holdings
Sinosteel Increases Stake in Midwest
G4G Resources Enters into Joint Venture with Iron Mineral Beneficiation Services
Cavan Ventures and Zhangjiajie XiangTie Mining Sign MoU
Altius and Norvista Resources Sign Agreement to Form New Company
PT Antam Enters into Joint Venture with PT Krakatau Steel
Usiminas Snaps Up J Mendes, SOMISA Siderurgica Oeste de Minas, and Global Mineracao
Consolidated Thompson Iron Mines Takes Over Quinto Mining
Lybica Holding Purchases Majority Stake in African Iron Ore Group
Lybica Holding Purchases Minority Stake in Mano River Resources
Evraz Group Purchases Majority Stake in Palmrose
Cape Lambert Signs Investment Agreement with Marampa Iron Ore
RLV No 3 Takes Over Minera Varry
Eurasian Natural Resources Acquires Stake in Bahia Mineracao
Cleveland-Cliffs Acquires United Taconite
Petmin Acquires Minority Interest in Veremo Project
Cleveland-Cliffs Acquires Minority Stake in Golden West Resources
Panzhihua Iron and Steel Group Signs Agreement with Yueda Mining
TATA Steel Global Holdings Signs Agreement with New Millennium
G4G Resources Enters into Partnership with Crusader do Brasil Mineracao
Xinxing Establishes Iron Ore Pellet Plant in India
JSW Steel Enters into Joint Venture with Minera Santa Fe
BHP Billiton Inks Agreement with Baosteel
6.FOCUS ON SELECT GLOBAL PLAYERS
ArcelorMittal SA (Luxembourg)
BHP Billiton Group (Australia)
Cliffs Natural Resources, Inc. (US)
Guangdong Dading Mining Co., Ltd. (China)
Hainan Mining United Co., Ltd. (China)
Hanxing Metallurgical Mine Administration (China)
Kumba Iron Ore Limited (South Africa)
Kunming Iron & Steel (Group) Co., Ltd. (China)
Laiwu Iron & Steel Group Company Limited (China)
Luossavaara-Kiirunavaara AB (Sweden)
Mechel OAO (Russia)
Rio Tinto Group (Australia/ UK)
Iron Ore Company of Canada (Canada)
Shandong Jinshunda Group Co., Ltd. (China)
United States Steel Corporation (US)
Vale S.A. (Brazil)
7.GLOBAL MARKET PERSPECTIVE
Table 11: World Recent Past, Current and Future Analysis for Iron Ore by Geographic Region - North America, Europe, Asia-Pacific, and Rest of World Markets Independently Analyzed with Annual Consumption Figures in Million Tons for Years 2006 through 2015 (includes corresponding Graph/Chart)
Table 12: World 10-Year Perspective for Iron Ore by Geographic Region – Percentage Breakdown of Volume Consumption for North America, Europe, Asia-Pacific, and Rest of World Markets for Years 2006, 2009 and 2015 (includes corresponding Graph/Chart)
III. MARKET
1.NORTH AMERICA
A. Market Analysis
Current and Future Analysis
Canada-US Iron Ore Market
The United States
A Snapshot of US Iron Ore Industry
Background and Development
Iron Ore Production in the US
Table 13: US Iron Ore Market (2009): Monthly Iron Ore Production for the Period January through July 2009 (in Thousand Metric Tons) (includes corresponding Graph/Chart)
Iron Ore Shipments
Table 14: US Iron Ore Market (2009): Monthly Iron Ore Shipments for the Period January through July 2009 (in Thousand Metric Tons) (includes corresponding Graph/Chart)
Export Import Scenario
Iron Ore Exports
Table 15: US Iron Ore Industry (2008): Percentage Breakdown of US Exports of Iron Ore by Country – Canada, Slovakia, Mexico, France, Germany, and Others (includes corresponding Graph/Chart)
Table 16: US Iron Ore Industry (2008): Percentage Breakdown of US Exports of Iron Ore by Ore Type – Pellets, Concentrates, Fine Ores, Coarse Ores, and Other Agglomerates (includes corresponding Graph/Chart)
Iron Ore Imports
Table 17: US Iron Ore Industry (2008): Percentage Breakdown of US Imports of Iron Ore for Months January through June 2008 by Country – Canada, Brazil, Chile, Venezuela, Sweden, and Others (includes corresponding Graph/Chart)
Table 18: US Iron Ore Industry (2008): Percentage Breakdown of US Imports of Iron Ore for Months January through June 2008 by Ore Type – Pellets, Fine Ores, Concentrates, Coarse Ores, and Roasted Pyrites (includes corresponding Graph/Chart)
Canada
Canadian Iron Ore Market
Impact of Global Economic Recession on Canadian Iron Ore Market
Strategic Corporate Developments
Key Players
Cliffs Natural Resources, Inc. (US)
Iron Ore Company of Canada (Canada)
United States Steel Corporation (US)
B. Market Analytics
Table 19: North American Recent Past, Current and Future Analysis for Iron Ore Market with Annual Consumption Figures in Million Tons for Years 2006 through 2015 (includes corresponding Graph/Chart)
2.EUROPE
A. Market Analysis
Current and Future Analysis
Review of Select Regional Markets
Germany
Russia
Ukraine
Strategic Corporate Development
Key Players
ArcelorMittal SA (Luxembourg)
Luossavaara-Kiirunavaara AB (Sweden)
Mechel OAO (Russia)
Rio Tinto Group (UK)
B. Market Analytics
Table 20: European Recent Past, Current and Future Analysis for Iron Ore Market with Annual Consumption Figures in Million Tons for Years 2006 through 2015 (includes corresponding Graph/Chart)
3.ASIA-PACIFIC
Market Analysis
Table 21: Asia-Pacific Recent Past, Current and Future Analysis for Iron Ore by Geographic Region – China and Rest of Asia-Pacific Independently Analyzed with Annual Consumption Figures in Million Tons for Years 2006 through 2015 (includes corresponding Graph/Chart)
Table 22: Asia-Pacific 10-Year Perspective for Iron Ore by Geographic Region – Percentage Breakdown of Volume Consumption for China and Rest of Asia-Pacific Markets for Years 2006, 2009 and 2015
3a.CHINA
A. Market Analysis
Current and Future Analysis
Major Consumer of Iron Ore
Iron Ore Imports
Table 23: Chinese Iron Ore Imports (2003 – 2008) (in Million Tons) (includes corresponding Graph/Chart)
Table 24: Chinese Iron Ore Industry (2003-2008): Percentage Share of Iron Ore Imports in Comparison to Chinese Iron Ore Consumption (includes corresponding Graph/Chart)
Table 25: Chinese Iron Ore Industry (2003-2007): Percentage Share of Chinese Iron Ore Imports of Global Imports (includes corresponding Graph/Chart)
Countries Exporting Iron Ore to China
Table 26: Chinese 5-Year Perspective for Iron Ore by Imports by Geographic Region – Percentage Breakdown of Chinese Iron Ore Imports from Australia, Brazil, India, and Rest of World for Years 2004 through 2008 (includes corresponding Graph/Chart)
Steel Production in China
Table 27: Chinese Steel Industry: Percentage Share of Chinese Steel Production in Comparison to Global Production for Years 2002 – 2009 (includes corresponding Graph/Chart)
Market Trends and Issues
Rising Concerns over Excessive Iron Ore Import
Mounting Imports Deter Price Cuts in Iron Ore
Escalating Demand Boosts Iron Ore Production
Decline in Revenue amid Rising Iron Ore Prices
Rise in Steel Demand to Drive Iron Ore Prices
Proposition for Establishment of New Regulations
Strategic Corporate Developments
Key Players
Guangdong Dading Mining Co., Ltd.
Hainan Mining United Co., Ltd.
Hanxing Metallurgical Mine Administration
Kunming Iron & Steel (Group) Co., Ltd.
Laiwu Iron & Steel Group Company Limited
Shandong Jinshunda Group Co., Ltd.
B. Market Analytics
Table 28: Chinese Recent Past, Current and Future Analysis for Iron Ore Markets with Annual Consumption Figures in Million Tons for Years 2006 through 2015 (includes corresponding Graph/Chart)
3b.REST OF ASIA-PACIFIC
A. Market Analysis
Current and Future Analysis
Review of Select Markets
Australia
Snapshot of Australian Iron Ore Industry
Australian Iron Ore Production Witnesses Robust Growth
Export Statistics
Iron Ore Industry in Pilbara Region
Increasing Investments by Indian and Chinese Companies
India
Overview
Challenges Faced by Indian Iron Ore Industry
Effective Measures
Potential
Impact of Global Economic Recession
Iron Ore Demand Scales New Levels in 2009
Iron Ore Reserves in India
Market for Sponge and Pig Iron
Indonesia
Overview
Types of Iron Ore
Major Iron Ore Deposits
Table 29: Indonesian Primary Iron Deposits (2007): Percentage Breakdown of Primary Iron Deposits by Region – West Kalimantan, South Kalimantan, East Sulawesi, North Sulawesi, West Sumatra, and Others (includes corresponding Graph/Chart)
Table 30: Indonesian Laterite Deposits (2007): Percentage Breakdown of Laterite Deposits by Region – West Kalimantan, South Kalimantan, East Sulawesi, North Sulawesi, West Sumatra, and Others (includes corresponding Graph/Chart)
Growth Restraints
Strategic Corporate Developments
Key Players
BHP Billiton Group (Australia)
Rio Tinto Group (Australia)
B. Market Analytics
Table 31: Rest of Asia-Pacific Recent Past, Current and Future Analysis for Iron Ore Markets with Annual Consumption Figures in Million Tons for Years 2006 through 2015 (includes corresponding Graph/Chart)
4.REST OF WORLD
A. Market Analysis
Current and Future Analysis
Overview of Select Markets
Latin America
Brazil
Overview
Brazilian Iron Ore Exports to Surpass Australian Exports
Iran
South Africa
Strategic Corporate Developments
Key Players
Kumba Iron Ore Limited (South Africa)
Vale S.A. (Brazil)
B. Market Analytics
Table 32: Rest of World Recent Past, Current and Future Analysis for Iron Ore with Annual Consumption Figures in Million Tons for Years 2006 through 2015 (includes corresponding Graph/Chart)
IV. COMPETITIVE LANDSCAPE
Total Companies Profiled: 153 (including Divisions/Subsidiaries - 161)
Region/CountryPlayers
The United States
Canada
Japan
Europe
The United Kingdom
Rest of Europe
Asia-Pacific (Excluding Japan)
Latin America
Africa
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