鉄鉱石採掘の世界市場-2023年～2030年

概要

世界の鉄鉱石採掘の市場規模は、2022年に3,302億米ドルに達し、2023年～2030年の予測期間中にCAGR8.2％で成長し、2030年には6,207億米ドルに達すると予測されています。

鉄鉱石の大規模かつ優れた埋蔵量はオーストラリア全土で見られますが、特に西オーストラリア州のピルバラ地域で多く見られます。鉄鉱石は不純物が少なく鉄分濃度が高いため、世界的に人気が高いです。港湾、鉄道、加工工場などのインフラを維持することで、鉄鉱石を鉱山から輸出ターミナルまで効率的に輸送することが可能になります。このコミットメントが、信頼性が高く効果的な鉄鉱石輸出サプライチェーンを保証しています。

例えば、オーストラリアでは、BHP、 Rio Tinto、Fortescue Metals Group.など、業界の主要参加企業による大規模な鉄鉱石採掘活動が行われています。これらの企業は、革新的な採掘技術、複雑な採掘技術、大規模なインフラ投資を活用することで、生産量と輸出量を伸ばしています。したがって、オーストラリアは世界の鉄鉱石採掘市場で大きな市場シェアを占めています。

力学

鉄鉱石の生産量増加

生産量の増加は、特に鉄鋼部門からの鉄鉱石に対する世界のニーズの拡大を満足させ、世界の鉄鋼メーカーの拡大する要件を満たすために十分な供給を保証しています。鉄鉱石採掘企業にとって、生産量の増加は売上と収益の増加につながります。生産量の増加に伴って収益が増加し、採掘事業の財務パフォーマンスが改善されることが多くあります。

例えば、国営鉱業会社NMDCが発表したデータによると、7月の鉄鉱石生産量は前年同月比19％増の244万トン、売上高は同2.7％増の303万トンでした。

2023年7月、鉄鋼省傘下のナブラトナ鉱山会社National Mineral Development Corporation（NMDC）は、記録的な生産量を発表しました。鉄鋼省からの声明によると、鉱業公社は7月だけで鉄鉱石の303万トンを販売し、244万トンを生産し、売上高と生産で、それぞれ2.7％と19％の前月比増加を示しています。

高まる鉄鋼生産需要

採掘された鉄鉱石の98％近くが鉄鋼生産に利用され、鉄鋼生産に必要な要素となっています。鉄鉱石の必要性は、鉄鋼の需要に強く影響されます。なぜなら、鉄鋼は様々な分野で適応性があり、必要不可欠な材料だからです。建物、橋、道路、鉄道、その他のインフラ・プロジェクトはすべて鉄鋼を必要とし、インフラの構築と成長に不可欠です。世界のインフラ・プロジェクトと都市化の進展が鉄鋼需要に拍車をかけ、その結果、鉄鉱石価格が上昇します。

例えば、インド会計年度上半期の国内鉄鋼消費量は急増しており、外的課題にもかかわらずインドの製造業が急拡大していることを示しています。

鉄鋼省が発表した最新の統計によると、4月から9月までの24年度の鉄鋼消費量は前年同期比15％増の6,400万トンとのことです。鉄鋼消費量は、日本がCOVID-19パンデミックの第2波を経験した21年度上半期の4,970万トンから、23年度上半期には5,500万トンと11.5%増加しました。

資源の枯渇

高品位の鉄鉱石埋蔵量の着実な枯渇は資源枯渇と呼ばれ、世界の鉄鉱石採掘市場の拡大を深刻に妨げる可能性があります。容易にアクセスできる高品位鉄鉱石の埋蔵量が減少すると、採掘会社は低品位の鉱石やより遠隔地に移動しなければならなくなる可能性があります。低品位の鉱石を採掘する場合、より徹底的な処理と選鉱が必要になるため、採掘コストが高くなることが多いです。

鉱石を1トン採掘するごとに、低品位の鉄鉱石を採掘すると、通常、歩留まりが悪くなり、採掘コストが高くなります。特に、鉄鉱石市場価格が生産コストの上昇を相殺するほど成長しない場合、採掘会社の利益率に影響を与える可能性があります。

技術および操業上の課題

革新的な採鉱技術を使用するには、多額の資金が必要となります。鉱業会社によっては、機械のアップグレード、自動化、デジタル技術の統合に多額の資金を割くことが困難な場合もあります。最先端技術の利用には、複雑な装置の保守・操作に必要なスキルを持った人材の確保が必要です。移行期には、新しい技術に適応できる有能な従業員を見つけ、教育することが難しくなり、操業上の問題を引き起こす可能性があります。

多くの鉄鉱石資源は、孤立した場所やアクセスが困難な場所で発見されます。このような地域では、電力供給、鉄道、道路を含むインフラの整備や維持に費用がかかり、物流的にも困難であるため、操業効率が低下する可能性があります。

目次

第1章 調査手法と調査範囲

第2章 定義と概要

第3章 エグゼクティブサマリー

第4章 市場力学

• 影響要因
  • 促進要因
    • 鉄鉱石の生産量増加
    • 鉄鋼需要の増大
  • 抑制要因
    • 資源の枯渇
    • 技術的・操業的課題
  • 機会
  • 影響分析

第5章 産業分析

• ポーターのファイブフォース分析
• サプライチェーン分析
• 価格分析
• 規制分析
• ロシア・ウクライナ戦争の影響分析
• DMIの見解

第6章 COVID-19分析

第7章 タイプ別

• 鉄鉱石微粉
• 鉄鉱石採掘ペレット
• 鉄鉱石ペレットフィード
• その他

第8章 エンドユーザー別

• 建設
• 輸送
• 製造
• その他

第9章 地域別

• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • フランス
  • イタリア
  • ロシア
  • その他欧州
• 南米
  • ブラジル
  • アルゼンチン
  • その他南米
• アジア太平洋
  • 中国
  • インド
  • 日本
  • オーストラリア
  • その他アジア太平洋
• 中東・アフリカ

第10章 競合情勢

• 競合シナリオ
• 市況/シェア分析
• M&A分析

第11章 企業プロファイル

• Vale S.A.
  • 会社概要
  • 製品ポートフォリオと概要
  • 財務概要
  • 主な発展
• Rio Tinto
• BHP
• Fortescue Metals Group
• Anglo American
• Cliffs Natural Resources
• LKAB
• SIMEC Mining
• Tata Steel
• Iron Ore Company of Canada

第12章 付録

Overview

Global Iron Ore Mining Market reached US$ 330.2 billion in 2022 and is expected to reach US$ 620.7 billion by 2030, growing with a CAGR of 8.2% during the forecast period 2023-2030.

Large and excellent reserves of iron ore may be found all throughout Australia, but particularly in Western Australia's Pilbara region. The assets comprise premium-grade hematite and magnetite ores, which are highly sought-after globally due to their low impurities and high iron concentration. Maintaining infrastructure, including ports, railroads and processing plants, makes it possible for iron ore to be transported from mine areas to export terminals efficiently. The commitment guarantees an iron ore export supply chain that is dependable and effective.

For instance, Australia conducts the large-scale iron ore mining activities by major industry participants, including BHP, Rio Tinto and Fortescue Metals Group. The companies boost output and exports by utilizing innovative mining technologies, complex extraction techniques and large infrastructure investments. Therefore, the Australia is accounting for significant market shares in the global iron ore mining market.

Dynamics

Higher Production of Iron Ore

Enhanced output satisfies the expanding global need for iron ore, especially from the steel sector, guaranteeing an adequate supply to fulfill the expanding requirements of steel producers globally. For iron ore mining companies, increased production leads into higher sales and revenue. Revenues often climb with increased output volume, improving the financial performance of mining operations.

For instance, according to data released by state-owned mining firm NMDC, iron ore production increased by 19% to 2.44 million Tons in July compared to the same month last year, Sales increased by 2.7% to 3.03 MT.

In July 2023, National Mineral Development Corporation (NMDC), a Navratna miner operating under the Ministry of Steel, announced record-breaking production. The mining corporation sold 3.03 million Tonss of iron ore and produced 2.44 million Tonss in July alone, indicating month-over-month increases in sales and production of 2.7% and 19%, respectively, according to a statement from the Ministry of steel.

Growing Steel Production Demand

Nearly 98% of mined iron ore is utilized to produce steel, making it a necessary component of steelmaking. The need for iron ore is strongly impacted by the demand for steel because steel is an adaptable and essential material in many different sectors. Buildings, bridges, roads, railroads and other infrastructure projects all require steel, which is essential to the creation and growth of infrastructure. Global infrastructure projects and growing urbanization fuel the steel demand, which in turn increases the price of iron ore.

For instance, the first half of the Indian fiscal year witnessed a sharp increase in the country's domestic steel consumption, demonstrating that Indian manufacturing is still expanding rapidly despite external challenges.

The latest statistics from the steel ministry show that the amount of steel consumed in FY24 from April to September increased by 15% to 64 million Tonss over the same time the previous year. Steel consumption increased 11.5% to 55 mt in H1 FY23 from 49.7 mt in H1 FY21, when the nation experienced the second wave of the COVID-19 pandemic.

Resource Depletion

The steady depletion of high-grade iron ore reserves is referred to as resource depletion and it can seriously impede the expansion of the global iron ore mining market. Mining companies may have to move to lower-grade ores or more remote places as readily accessible, high-grade iron ore reserves decrease. Higher extraction costs are frequently the result of the need for more thorough processing and beneficiation when extracting lower-grade ores.

For every Tons of ore removed, mining lower-grade iron ore usually results in poorer yields and greater extraction costs. The may affect mining companies' profit margins, particularly if iron ore market prices don't grow to offset higher production costs.

Technological and Operational Challenges

Using innovative mining technologies necessitates large financial outlays. Certain mining firms may find it difficult to allocate substantial financial resources towards the upgrading of machinery, automation and integration of digital technologies. Using cutting-edgetechnology necessitates having personnel with the skills necessary to maintain and operate complicated apparatus. During the transition phase, it may be difficult to find and educate qualified employees who can adjust to new technologies, which could cause operational problems.

Numerous iron ore resources are found in isolated or difficult-to-access places. The establishment and upkeep of infrastructure, including electricity supplies, railroads and roadways, can be expensive and logistically challenging in these regions, which can reduce operating effectiveness.

Segment Analysis

The global iron ore mining market is segmented based on type, end-user and region.

Steel Manufacturing's Impact on Global Iron Ore Mining Market and Future Projections

The main basic material required for producing steel is iron ore. Because steel production uses almost 98% of the iron ore that is mined, the steel demand directly affects the demand for iron ore. Building and Infrastructure Development: Steel is a crucial material for building projects, urbanization and infrastructure development. The industries' expansion fuels the need for steel, which in turn increases the need for iron ore. Therefore, steel manufacturing segment drives the growth of the global market with significant global segmental shares.

For instance, in March 2022, The Mines and Minerals (Development & Regulation) Act of 2015's captive lease expiration is expected to make 2030 a pivotal year for the iron ore mining industry, with a big impact on steel production." The report claims that the steel sector in India generates around two percent of the nation's GDP and employs over two million people. A 500 million-ton crude steel capacity and 200-225 kg of crude steel consumed per person are predicted by the research for 2047.

Geographical Penetration

Asia-Pacific's Economic Expansion Fuels Rising Demand for Iron Ore and Steel

Investments in Construction and Development: The Asia-Pacific needs a significant amount of steel for government programs, investments and major infrastructure projects. The projects, which include building out transport systems, developing cities and expanding industries, all greatly increase the need for iron ore.

For instance, in October 2023, the government of Venezuela and Jindal Steel & Power Co. has a signed deal wherein the Indian corporation will manage the nations biggest iron ore production facility. Following US sanctions that were imposed on the nation in 2019, this contract represents Venezuela's first move towards opening up its mining and metallurgical sectors to an international private enterprise. All mining and heavy industries in Venezuela are held by the state. Therefore, Asia-Pacific holds largest market shares in the global iron ore mining market.

COVID-19 Impact Analysis

The iron ore market witnessed price volatility as a result of the pandemic's uncertainty. Prices initially fell as a result of decreased demand and supply chain disruptions. But when the economy picked back up and stimulus plans were put in place, demand-particularly from China-boosted prices, which eventually rebounded and even reached all-time highs.

For mining companies, operational concerns included putting safety systems into place and following health guidelines. Mining operations became more complex as a result of introducing social distancing measures, ensuring worker safety and supplying enough protective gear.

Russia-Ukraine War Impact Analysis

If a geopolitical conflict breaks ossut in an area that is a key producer or a transit route for shipments of iron ore, it can seriously affect the supply of commodities like iron ore. Short-term shortages or supply concerns may result from supply chain disruptions. Increased geopolitical tensions frequently result in market uncertainty and commodity market price volatility. Iron ore prices may be impacted by worries about supply disruptions or concerns surrounding upcoming trade agreements.

Trade disruptions or modifications to trade agreements between participating or impacted countries can be forced through geopolitical conflicts. The movement of iron ore to particular areas or nations may be impacted by changes in trade agreements or trade restrictions. Geopolitical unrest can have an effect on investor confidence and make long-term investments in mining projects more hesitant. Decisions about raising capital for new mining projects or increasing production may be impacted by geopolitical unrest.

By Type

• Iron Ore Mining Fines
• Iron Ore Mining Pellets
• Iron Ore Pellet Feed
• Others

By End-User

• Construction
• Transportation
• Manufacturing
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

• In March 2023, Anglo American and Brazil's Bamin establish a sales contract for iron ore. Anglo American has purchased an undisclosed quantity of iron ore mined by Bahia Mineracao (Bamin), a Brazilian mining company that is a subsidiary of Kazakhstan's Eurasian Resources Group, from its Pedra de Ferro operation in the state of Bahia.
• On September 8, 2023, The Indian conglomerate Essar Group and Vale's subsidiary Vale International have reached a letter of intent (LOI) for the supply of iron ore agglomerates for Vale's Green Steel Arabia (GSA) project in Saudi Arabia. Vale will supply four million Tonss per year (mtpa) of iron ore agglomerates as part of the partnership, including briquettes and pellets of direct-reduced quality.
• In August 2023, H2 Green Steel, a Swedish steel company has announced that it will be importing iron ore from its steel plant located in Boden, Northern Sweden, from Brazil and Canada. Disagreements with the Swedish mining corporation LKAB led to the implementation of the agreements.

Competitive Landscape

The major global players in the market include: Vale S.A., Rio Tinto, BHP, Fortescue Metals Group, Anglo American, Cliffs Natural Resources, LKAB, SIMEC Mining, Tata Steel and Iron Ore Company of Canada.

Why Purchase the Report?

• To visualize the global iron ore mining market segmentation based on type, end-user and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of iron ore mining market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Type mapping available as excel consisting of key products of all the major players.

The global iron ore mining market report would provide approximately 53 tables, 48 figures and 183 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies

Table of Contents

1. Methodology and Scope

• 1.1. Research Methodology
• 1.2. Research Objective and Scope of the Report

2. Definition and Overview

3. Executive Summary

• 3.1. Snippet by Type
• 3.2. Snippet by End-User
• 3.3. Snippet by Region

4. Dynamics

• 4.1. Impacting Factors
  • 4.1.1. Drivers
    • 4.1.1.1. Higher Production of Iron Ore
    • 4.1.1.2. Growing Steel Production Demand
  • 4.1.2. Restraints
    • 4.1.2.1. Resource Depletion
    • 4.1.2.2. Technological and Operational Challenges
  • 4.1.3. Opportunity
  • 4.1.4. Impact Analysis

5. Industry Analysis

• 5.1. Porter's Five Force Analysis
• 5.2. Supply Chain Analysis
• 5.3. Pricing Analysis
• 5.4. Regulatory Analysis
• 5.5. Russia-Ukraine War Impact Analysis
• 5.6. DMI Opinion

6. COVID-19 Analysis

• 6.1. Analysis of COVID-19
  • 6.1.1. Scenario Before COVID
  • 6.1.2. Scenario During COVID
  • 6.1.3. Scenario Post COVID
• 6.2. Pricing Dynamics Amid COVID-19
• 6.3. Demand-Supply Spectrum
• 6.4. Government Initiatives Related to the Market During Pandemic
• 6.5. Manufacturers Strategic Initiatives
• 6.6. Conclusion

7. By Type

• 7.1. Introduction
  • 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
  • 7.1.2. Market Attractiveness Index, By Type
• 7.2. Iron Ore Mining Fines*
  • 7.2.1. Introduction
  • 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
• 7.3. Iron Ore Mining Pellets
• 7.4. Iron Ore Pellet Feed
• 7.5. Others

8. By End-User

• 8.1. Introduction
  • 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 8.1.2. Market Attractiveness Index, By End-User
• 8.2. Construction*
  • 8.2.1. Introduction
  • 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
• 8.3. Transportation
• 8.4. Manufacturing
• 8.5. Others

9. By Region

• 9.1. Introduction
  • 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
  • 9.1.2. Market Attractiveness Index, By Region
• 9.2. North America
  • 9.2.1. Introduction
  • 9.2.2. Key Region-Specific Dynamics
  • 9.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
  • 9.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 9.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    • 9.2.5.1. U.S.
    • 9.2.5.2. Canada
    • 9.2.5.3. Mexico
• 9.3. Europe
  • 9.3.1. Introduction
  • 9.3.2. Key Region-Specific Dynamics
  • 9.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
  • 9.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 9.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    • 9.3.5.1. Germany
    • 9.3.5.2. UK
    • 9.3.5.3. France
    • 9.3.5.4. Italy
    • 9.3.5.5. Russia
    • 9.3.5.6. Rest of Europe
• 9.4. South America
  • 9.4.1. Introduction
  • 9.4.2. Key Region-Specific Dynamics
  • 9.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
  • 9.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 9.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    • 9.4.5.1. Brazil
    • 9.4.5.2. Argentina
    • 9.4.5.3. Rest of South America
• 9.5. Asia-Pacific
  • 9.5.1. Introduction
  • 9.5.2. Key Region-Specific Dynamics
  • 9.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
  • 9.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 9.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    • 9.5.5.1. China
    • 9.5.5.2. India
    • 9.5.5.3. Japan
    • 9.5.5.4. Australia
    • 9.5.5.5. Rest of Asia-Pacific
• 9.6. Middle East and Africa
  • 9.6.1. Introduction
  • 9.6.2. Key Region-Specific Dynamics
  • 9.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
  • 9.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User

10. Competitive Landscape

• 10.1. Competitive Scenario
• 10.2. Market Positioning/Share Analysis
• 10.3. Mergers and Acquisitions Analysis

11. Company Profiles

• 11.1. Vale S.A.*
  • 11.1.1. Company Overview
  • 11.1.2. Type Portfolio and Description
  • 11.1.3. Financial Overview
  • 11.1.4. Key Developments
• 11.2. Rio Tinto
• 11.3. BHP
• 11.4. Fortescue Metals Group
• 11.5. Anglo American
• 11.6. Cliffs Natural Resources
• 11.7. LKAB
• 11.8. SIMEC Mining
• 11.9. Tata Steel
• 11.10. Iron Ore Company of Canada

LIST NOT EXHAUSTIVE

12. Appendix

• 12.1. About Us and Services
• 12.2. Contact Us