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Alex Andlauer
Senior Global Energy Analyst

Market
5 min
Jan 15, 2021

Top four iron ore miners’ production flat in Q4 2020

Alex Andlauer
Senior Global Energy Analyst

Iron ore prices have soared to a nine-year high driven by strong government stimulus measures in China and constrained Brazilian supply, but the elevated prices seem to have a limited effect in pushing miners to increase supplies due to many factors. Our data shows that, in 2020, seaborne iron ore exports to all countries increased 3.2% to 1,574 Mt. The top four iron ore producers (Rio Tinto, Vale, BHP and FMG), which account for 69.7% of the global seaborne market share in 2020, had their total exports almost flat in both Q4(288.2 Mt) and the past year(1098 Mt).

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Market
5 min
Nov 10, 2020

Sarroch refinery runs rebounds in Q3, renewed European lockdown poses new threat

Alex Andlauer
Senior Global Energy Analyst

Wholly owned by Saras, the Sarroch refinery is one of the largest in Europe, accounting for over 20% of Italy’s total refining capacity, with maximum throughput of 300 kbd. The refinery delivers much of its output to Italy (25%), Spain (10%) and France (12%), making it a prescient indicator of European oil consumption.

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