Iron ore price rises on firmer steel outlook, but trade tensions cap gains
Lower Chinese steel product inventory driven by robust exports also supported iron ore prices above $100/t.
All that land makes Russia global leader in metal reserves.
W.E.R.I made this chart showing Russia’s ranking in metal reserves, along with the amount of coal the country produces compared to other countries.
Russia is a global leader in its percentage of iron ore reserves.
Creative Commons image by George M. Groutas
