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Global Iron Ore Mining: Market Research Report

Global Market Research • Global Market Size • Industry Statistics • Industry Analysis • Industry Trends

Global Iron Ore Mining Market Research Report | Nov 2014

The global economy presents its own set of opportunities and threats for businesses in a range of industries. IBISWorld’s Global Iron Ore Mining global market research report offers insightful industry analysis and research into the market at an international level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
BHP Billiton BHP Billiton market share
Rio Tinto Rio Tinto market share
Vale Vale market share
Industry Statistics & Forecast
Revenue
$241bn
Annual Growth 09-14
12.8%
Annual Growth 14-19
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Profit
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Employment ('000)
135
Businesses
1,140
Industry Analysis & Industry Trends

The industry weathered a volatile revenue performance over the past five years. Ultimately, though, tremendous price spikes prior to and following the recession offset any declines that occurred over the period. Over the next five years, surging demand from emerging countries will keep demand for iron ore at its current highs, spurring mining companies to ramp up production to capitalize on growing revenue and profit opportunities... read more

Industry Analysis

The Global Iron Ore Mining industry is heavily dependent on trends in raw steel production and, ultimately, on trends in economic growth that drive demand for steel. Over the past five years, quickly rising industrial and construction activity worldwide have pushed up demand for steel, thereby spurring an increase in iron ore-mining activity. China currently leads the world in iron ore production, accounting for about 41.3% of the global output, followed by Australia (16.7%), Brazil (14.3%) and India (8.9). Iron ore has been increasingly traded internationally over the past five years, at an annualized rate of 18.9% to $155.1 billion, particularly as steel production capacity grows in emerging economies. Australia is the largest exporter, followed closely by Brazil... read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Global Iron Ore Mining Industry?

This industry consists of firms that mine iron-bearing ores (primarily hematite, magnetite and taconite). In addition to ore extraction, mining includes the development of mine sites and the processing of ore mined into a concentrate or pellet form. The iron ore and iron ore pellets are then sold as an input to blast furnace steel production.

Industry Products
Iron ore finesIron ore lumpIron ore pelletsIron ore pellet feed
 
Industry Activities
Mining iron bearing oreProcessing iron bearing ore into pellets


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