The Iron Ore Mining market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.


Industry Analysis & Industry Trends

In the five years through 2017, revenue for the Iron Ore Mining industry in China has been declining 4.2% per year on average. In 2014 and 2015, sharply falling downstream demand and iron ore prices led revenue to decline 4.9% and 20.0%, respectively. In 2017, revenue is estimated to increase slightly 1.7% to $112.5 million.

There are over 3,600 enterprises operating in the industry, with total employment of 576,529 and expected total output of 1.3 billion tons of iron ore in 2017. China covers over one-third of its domestic demand with imported iron. The iron ore price has been falling since 2012, therefore, import values decreased from $105.2 billion in 2012 to an estimated $55.9 billion in 2017...

Industry Report - Industry Key Buyers Chapter

The top four players – Shandong Beijin Group, Shandong Jinshunda, Shandong Lunan Mining Corporation, and Guangdong Da Ding Mining – are expected to jointly account for less than 5.7% of industry revenue in 2017, indicating that this industry is subject to a low industry concentration level. Because the development of the industry's enterprises is based on mineral resources, the locations of which are fixed, it is difficult for firms to expand their business scale. Thus, this industry is characterized by a large number of small private miners whose operations are usually confined within local areas.

Domestic iron ore reserves are limited, and the ore grades of domestic mines are quite low compared with foreign mines, especially mines in Brazil and Australia. The..

Additional Insights for the Iron Ore Mining Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Iron Ore Mining Industry are

  • Having an extensive distribution/collection network
  • Proximity to transport
  • Availability of resource
  • IBISWorld analysts also discuss how external factors such as World price of iron ore and Import Competition - Iron Ore Mining in the Iron Ore Mining industry impact industry performance..

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    Industry Products

    What is the Iron Ore Mining Industry?

    Enterprises in the Iron Ore Mining industry in China mine and beneficiate (remove impurities from) iron ores. Products in this industry include hematite, magnetite, limonite, siderite and taconite, in the forms of both ore and powder.

    Industry Products
    Vanadium-titanium magnetite
    Other iron ores
    Industry Activities
    Iron ore mining
    Iron ore beneficiating

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • World price of iron ore
  • Import Competition - Iron Ore Mining
  • World demand for steel

  • Current Performance
  • Imports
  • Chart: Revenue Growth

  • Industry Outlook
  • Table: Iron Ore Mining Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Iron Ore Mining Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Iron and Steel Smelting

  • Key Selling Industries
  • Freight Rail Transport
  • Mining Equipment Manufacturing

  • Products & Services
  • Magnetite
  • Hematite
  • Siderite
  • Other iron ores
  • Vanadium-titanium magnetite
  • Chart: Iron Ore Mining Industry Products and Services Segmentation

  • Demand Determinants
  • Development of the Iron and Steel Smelting industry in China
  • World price of iron ore

  • Major Markets
  • Iron smelters
  • Iron ore exports
  • Chart: Major Market Segmentation for the Iron Ore Mining Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Other expenses
  • Chart: Cost Structure Benchmarking – Sector vs Iron Ore Mining

  • Basis of Competition
  • Mineral resources
  • Distribution channels

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Iron Ore Mining Industry

  • Industry Globalization
    Major Companies
    Shandong Beijin Group Co., Ltd.Shandong Jinshunda Co., Ltd.Laigang Group Co., Ltd.Guangdong Da Ding Mining Co., Ltd.Zhejiang Li Tie Group Corporation
  • Table: Shandong Beijin Group Co., Ltd. - financial performance
  • Table: Shandong Jinshunda Co., Ltd. - financial performance
  • Table: Laigang Group Co., Ltd. - financial performance
  • Table: Guangdong Da Ding Mining Co., Ltd. - financial performance
  • Table: Zhejiang Li Tie Group Corporation - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Iron Ore Mining Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Iron Ore Mining Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)
  • Iron Ore Output (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
  • A black or blackish-red to brick-red mineral, essentially ferric oxide, the chief ore of iron.
  • Magnetite
  • The mineral form of black iron oxide (ferriferous oxide) that often occurs with magnesium, zinc and manganese.
  • Siderite
  • Siderite, essentially ferric carbonate, is a widespread carbonate mineral that can be an ore of iron.
  • Why buy this report?

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    This report on Iron Ore Mining:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Iron Ore Mining market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

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