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Year over year, the value ofiron oreimports accelerated by 23.6% from 2018 to 2019. From a continental perspective, Asian countries consumed the highest dollar worth ofiron oreimported from foreign markets with purchases costing $126 billion or 87.2% of the worldwide total. In second place were importers inEuropeat 10.5.
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• SNIM (Société Nationale Industrielle et Minière) is the second largestiron oreproducer in Africa, with about 13 MT annual sales. • As Managing Directorin Paris, I was responsible for the overseeing of marketing and sales worldwide. • Negotiated and managed contracts with the major customers inEurope, China and Japan .
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Iron Ore62% fe increased 26.31 USD/MT or 28.42% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically,Iron Ore62% FE reached an all time high of 188.90 in February of 2011.
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