The world's largest iron ore producing countries in 2021.
According to the preliminary data released by the U.S. Geological Survey (USGS), estimated global iron ore production in 2021 was 2,600 million tonnes of usable ore, which is 5.3 percent higher than a year ago (2,470 million tonnes). USGS said that increases in production, shipments, and trade of iron ore in 2021 were due to recovery from the effects of the global COVID-19 pandemic, which lowered steel production and consumption globally in 2020. With 900 million tonnes of usable iron ore mined in 2021, Australia is the largest iron ore producing country, followed by Brazil (380 million tonnes), China (360 million tonnes) and India (240 million tonnes). According to the report, overall, global prices trended...
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