Home > Steel News > Latest Steel News > Brazil’s...

Brazil’s Itaminas joins forces with Hafeet Rail for iron ore exports to Gulf

Friday, 30 May 2025 16:13:35 (GMT+3)   |   Istanbul

Brazil-based iron ore producer Itaminas has announced that it will collaborate with the rail transport company Hafeet Rail, operator of a cross-country railway that will connect the United Arab Emirates (UAE) and Oman, to create a logistics and commercial hub for the export of iron ore to the Gulf region, with a focus on the decarbonization of the steel industry.

Under the agreement signed by the two companies, Hafeet Rail will transport iron ore produced by Itaminas in the Brazilian state of Minas Gerais to the Middle East, thereby increasing the latter’s presence in the international markets. Furthermore, the logistics hub under construction in the UAE and Oman will create opportunities for other Brazilian miners. These miners will also be able to access the Gulf and Middle East regions more easily through the agreement.


Similar articles

Iron ore in China edges down gradually this week amid slow consumption

19 Jun | Scrap & Raw Materials

Major steel and raw material futures prices in China – June 19, 2025 

19 Jun | Longs and Billet

India’s JSW Steel and Andhra Pradesh government ink pact to construct iron ore beneficiation plant

19 Jun | Steel News

Daily iron ore prices CFR China - June 18, 2025

18 Jun | Scrap & Raw Materials

Major steel and raw material futures prices in China – June 18, 2025 

18 Jun | Longs and Billet

Ex-Brazil high-grade iron ore prices decline from last week

17 Jun | Scrap & Raw Materials

Daily iron ore prices CFR China - June 17, 2025

17 Jun | Scrap & Raw Materials

Metso to supply key process equipment to China’s Jinan iron ore concentrator plant to be built in Oman

17 Jun | Steel News

Australian consortium secures funding for ambitious low-carbon ironmaking project

17 Jun | Steel News

Major steel and raw material futures prices in China – June 17, 2025 

17 Jun | Longs and Billet