About the Iron Ore Mining in Michigan Market Research Report
What’s Included in the Iron Ore Mining in Michigan Market Research Report
Definition of the Iron Ore Mining in Michigan?
Companies in this industry mine iron-bearing ores. In addition to ore extraction, mining includes the development of mine sites and the processing of ore into a concentrated or pellet form. Iron ore and iron ore pellets are then sold as an input for blast-furnace steel production; refer to IBISWorld report 33111 for more information.
What’s included in the Iron Ore Mining in Michigan?
The Iron Ore Mining in Michigan includes iron ore mining and iron ore beneficiating. Related terms covered in the Iron Ore Mining in Michigan industry report includes an iron-bearing, high-silica, flint-like rock. it typically contains between 20.0% and 30.0% iron and occurs in the mesabi range of northeastern minnesota, marble-sized balls of an iron ore and clay mixture, baked in a large furnace, the process of compressing or molding a material into the shape of a pellet and a variety of processes whereby ore extracted through mining is separated into mineral and gangue, the former suitable for further processing or direct use.
Industry Performance of the Iron Ore Mining industry in Michigan
Benchmark the Iron Ore Mining in Michigan industry performance with all MI county and national performance.
Iron Ore Mining in Michigan
#2 in Highest Revenue 9.1% of state's GDPRevenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
Iron Ore Mining in the US
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
For the full list of industry drivers, see report purchase options.
Key Drivers of the Iron Ore Mining industry in Michigan
See how key industry drivers, such as population, net migration, new business formation, world price of iron ore, demand from iron and steel manufacturing and industrial production index are impacting Iron Ore Mining in Michigan
Michigan Economic Indicators
Population
Net Migration
New Business Formation
View more economic information in MI State Economic profile
US Key External Drivers
World price of iron ore
Demand from iron and steel manufacturing
Industrial production index
For the full list of industry drivers, see report purchase options.
County Data of the Iron Ore Mining industry in Michigan
Access proprietary data on county in the Iron Ore Mining in Michigan, such as Marquette County, Kalamazoo County and Menominee County. Data includes figures on revenue, establishments, employees and wages by counties.
Key Statistics of the Iron Ore Mining industry in Michigan
Download 18 years of historical data and 5 years of projected performance.
