April 19, 2010 / 6:58 AM / 9 years ago

FACTBOX-Capacity of world's largest iron ore producers

 April 19 (Reuters) - Will the supply deficit pushing iron ore spot market prices to record highs above $175 a tonne .IO62-CNI=SI this year turn to glut in a few years?
 Current demand for 1.3 billion tonnes of iron ore produced annually suggests a deficit, according to official Australian government forecasts. But that deficit could vanish if iron ore output matches growth forecasts of 50 percent more ore by 2015.
 At the same time steel output is widely forecast to grow by only a third, to about 1.7 billion tonnes.
 The following is a list of the top 20 iron ore producers worldwide. World’s Largest Iron Ore Producers: 2010 COMPANY    
                COUNTRY      CAPACITY (mtpy) Vale Group VALE5.SA>           Brazil       417.1 Rio Tinto (RIO.AX)RIO.L>
   Australia    273.7 BHP Billiton BHP.AX><BLT.L     Australia    188.5 ArcelorMittal Group ISPA.AS  U.K.          78.9 Fortescue Metals Group FMG.AX> Australia     55.0 Evrazholding Group             Russia        50.4 Metalloinvest Group            Russia        44.7 AnBen Group                
China         44.7 Metinvest Holding Group        Ukraine   
42.8 Anglo American Group AAL.L>    South Africa  41.1 LKAB Group                     Sweden        38.5 CVG Group         
         Venezuela     37.9 Cleveland-Cliffs Group (CLF.N) U.S.          34.6 NMDC Group (NMDC.BO)           India         32.6 Imidro Group                   Iran          29.8 CSN Group (CSNA3.SA)           Brazil        28.0 Shougang Beijing Group         China         26.5 U.S. Steel Group (X.N)         U.S.          23.5 ENRC Eurasian Natural Res.     Kazakhstan    19.7 Wuhan Iron & Steel Group       China         18.6 Source: www.steelonthenet.com  (Compiled by James Regan)          

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