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Which country is the world's largest consumer of iron ore?

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China is by far the largest producer, consumer, and importer of Iron ore. In 2015 it produced 1.3 billion tons of iron ore equivalents to 44% of the world’s output. In 2014, China produced 1.5 billion tons of crude ore extracted mainly in Hebei and Liaoning provinces of mainland China. read more

During 2014 through 2015, India was the third largest producer of raw steel and the largest producer of sponge iron in the world. The industry produced 91.46 million tons of total finished steel and 9.7 million tons of pig iron. Most iron and steel in India is produced from iron ore. read more

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