Salient Iron Ore Statistics

TABLE 1
SALIENT IRON ORE STATISTICS¹

(Thousand metric tons and thousand dollars, unless otherwise specified)

		2010		2011		2012		2013	²	2014
United States, iron ore, usable:
Production		49,900		56,200	^r	54,700	^r	52,800	^r	56,100
Shipments		50,600		56,900	^r	53,900	^r	53,400	^r	55,000
Value:
Minnesota:³
Cost of mining	dollars per metric ton	10.40		12.27		13.31		13.57		13.62
Cost of beneficiation	do.	29.31		31.02		30.78		32.66		34.49
Average value of production	do.	80.31		85.67		92.75		87.42		84.43
United States:
Reported value at mines⁴		5,000,000		5,850,000	^r	5,080,000	^r	4,610,000	^r	4,730,000
Average value at mines	dollars per metric ton	98.79		104.10	^r	116.48	^r	87.42	^r	85.88
Exports:
Quantity		9,950		11,100		11,200		11,000		12,100
Value		1,090,000		1,330,000		1,440,000		1,480,000		1,320,000
Imports for consumption:
Quantity		6,420		5,270		5,160		3,250		5,140
Value		703,000		841,000		759,000		426,000		676,000
Reported consumption, iron ore and agglomerates		41,700	^r	45,700	^r	46,900		44,200	^r	44,400
Stocks, December 31		3,470		2,320	^r	4,440	^r	2,350	^r	4,460
World, production, iron ore, usable		1,870,000	^r	2,030,000	^r	2,070,000	^r	2,230,000	^r	2,330,000
United States, iron metallics:⁵
Production		301		386		404		469		1,950
Shipments:
Quantity		293		389		395		471		1,950
Value		102,000		135,000		137,000		164,000		678,000
Imports for consumption:
Quantity		1,630		1,850		2,760		2,360		2,390
Value		609,000		801,000		1,020,000		831,000		859,000
World, production, iron metallics		70,600		73,600		73,500		75,400		74,600
^-rRevised. do. Ditto.
¹Data are rounded to no more than three significant digits, except costs and average values; may not add to totals shown.
²Data revised to separate iron ore and secondary products, iron metallics, included in 2013 and prior years.-
³As reported in Minnesota Department of Revenue-s annual Mining Tax Guide.
⁴Value for iron ore as reported by mines, which may refer to price or value of shipments or production as sold on the open market or within the-
company. In 2013, one company changed the reporting standard from the method used in prior years.
⁵Data for iron metallics may include cold pig iron, direct-reduced iron, hot-briquetted iron, iron nuggets, and solid sponge iron.-