The global iron-ore market remains highly
consolidated, with four leaders (Vale, BHP
Billiton, Rio Tinto, and FMG) accounting
for over two thirds of global iron-ore
sales. The leading producers of merchant
iron ore are Australia, Brazil, China, India,
and Russia, which together account
for over 81% of global output.
As the largest producer and supplier
of iron-ore products in Russia and the
CIS, Metalloinvest works hard to assess
the factors impacting the iron-ore market,
and these will be taken into account when
the Company’s medium- and long-term
development plans are formulated.