Global Iron Market Was Valued At USD 163 Billion In 2017Posted by sainath on July 30th, 2018 Iron ore mining industries include companies carrying out activities such as developing mine sites, mining and beneficiating iron ores and manganiferous ores valued chiefly for their iron content. It includes producing sinter iron ore, except iron ore produced in iron and steel mills. It also includes producing other iron ore agglomerates. Read More: https://www.thebusinessresearchcompany.com/report/iron-global-market-report-2018 The global iron ore mining market was valued at USD 163 billion in 2017. Among regional markets, Asia Pacific was the largest geographic region in the market, accounting for almost four-fifth of the global market share. The market saw a decline due to high operational cost and stringent regulations regarding ferroalloys, steel and iron manufacturing. The market in the report is segmented into: surface mining, underground mining and others. Sample Report: https://www.thebusinessresearchcompany.com/sample.aspx?id=308&type=smp China was the largest country in the market, accounting for almost two-fourth of the global iron ore mining market share. China was followed by Japan and the USA as the next largest countries in the market. The top five competitors in the market are Arcelor Mittal followed by Nippon Steel & Sumitomo Metal Corporation (NSSMC), POSCO, TATA STEEL and VALE. ArcelorMittal S.A. is a Luxembourg-based multinational steel manufacturing corporation headquartered in Boulevard d’Avranches, Luxembourg. It was formed in 2006 from the takeover and merger of Arcelor by Indian owned Mittal Steel. ArcelorMittal is the world's largest steel producer and it is ranked 123 in the 2017 Fortune Global 500 ranking of the world's biggest corporations. About The Business Research Company. The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally. Contact Information. The Business Research Company Europe: +44 207 1930 708 Asia: +91 8897263534 Americas: +1 315 623 0293 Email: info@tbrc.info Like it? Share it! More by this author |