Petronet is the repudiated Iron Ore Supplier. Our innovative commodity distributing operations cover the global marketplace and consumers. We procure, ship, and trade iron ore to all six continents. Some nations we know have made a huge difference with their iron ore supply services to the entire world. These prominent countries are listed below.

1. Australia: The largest producer of iron ore, Australia accounts for 30% of iron ore consumed by the world. While the country itself sources 98% of its iron ore supply from its reserves.
2. India: With an estimated iron ore base of 33 billion tons, India has become the second largest iron ore producer, exporter and manufacturer. Only in the first 9^th months of 2023, it produced around 32.2 million metric tons of iron ore.
3. China: About 70% of the seaborne iron ore production is done by China. It strives to reduce its dependency on other nations and therefore elevating and upgrading its technology to seek more benefits of mining and production operations.
4. Canada: Canada is an important iron ore producing country. The region Labrador Trough region bordering Quebec plays a vital role in iron ore supply. It mainly exports to the USA, Europe, Japan, South Korea and France.
5. Russia: Russia is the largest iron ore distributor. It has the world’s best reserves at 25 billion tons. European Union stands out as Russia’s top iron ore consumer nation.
6. USA: The USA imports iron ore largely for domestic development projects. It has mines but the country satisfies its steel industry needs from iron importing solutions.
7. Brazil: Brazil is another top iron ore supplier, accounting for 18% of total iron ore global production. However, its exports are further expected to increase by 2026.
8. UK: UK primarily depends on Brazil, and South Africa for most of its iron-ore supply. The deposits are mainly found in the northern countryside. It produces iron ore of roughly 16 million tons with about 12 million tons coming from Jurassic ironstones.
9. France: France exports decent iron ore supplies to Spain, China, Italy, and Germany. While important around $1.2 billion from Canada, Liberia, the United States and Brazil.
10. Netherlands: the Netherlands mainly deals with France for exporting iron ore, and has done $34.7 million worth of iron ore distribution to it in 2022.
11. South Korea: South Korea is the largest iron ore importer that strives to deal with the best iron ore producing nations. Australia and Brazil’s supply is vital for the country’s shipbuilding & manufacturing sector.
12. Italy: Since Italy has minimal domestic iron ore deposits, it is heavily dependent on imports to fuel its steel sector. Mainly iron ore imports come from Brazil, South Africa, and Canada.
13. Hong Kong: Hong Kong mainly focuses on iron ore trading as the nation has a huge trading hub of iron ore rocks and minerals. The best iron ore traders and consumers facilitate from its strategic location.
14. Belgium: Belgium has a huge iron ore importer marketplace. The port of Antwerp acts as an important iron ore importing hub for the European steel firm.
15. New Zealand: The West Coast owns the largest ironsand reserves, and the largest iron-ore deposits including coastal sands, bog iron, and limonite. China and Malaysia are the main destinations of its iron ore export supplies.