According to GlobalData, Mexico is the world’s twelfth-largest producer of iron ore in 2022, with output down by 0.26% on 2021. Over the five years to 2021, production from Mexico decreased by a CAGR of 4.79% and is expected to drop by a CAGR of 0.03% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Iron Ore Mining to 2026 report. Buy the report here.
Mexico accounts for 0.63% of global production, with the largest producers being Australia, Brazil, India and China.
ArcelorMittal is one of the leading producers of iron ore in Mexico. In 2021, the company’s output was down by 12% over 2020.
For more detailed analysis of global iron ore mining, buy the report here.
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