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World Distribution Iron Ore 2020

Iron ore is the main ingredient in steel, which makes up 95 percent of the metals used in the world per year.Two billion metric tons of raw iron ore are produced in a year.The worlds largest single producer of iron ore is brazilian mining company vale, which produces over 350 million tons of iron ore annually.

World Iron Ore Production Data Urbancon

The iron ore market explained.Till 1975, its production of iron ore in the world was only 6.5 per cent, but in year 2000, china produced 24.3 per cent iron ore of the world.This percentage further increased to 30.77 in year 2006-07, accordingly china is now first in iron ore production in the world.

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