This from copyright link
...https://www.copyright link/chanticleer/ukraine-adds-to-puzzle-over-iron-ore-outlook-20220228-p5a0e0
quote:
Japan’s Nippon Steel said at the weekend that it is considering how it might need to adjust its supply lines, given 14 per cent of the high-grade iron ore pellets that Japan imports come from Ukraine.Pellets are a small but high-quality part of the global iron ore trade, and Ukraine’s importance to this segment has risen in recent years after production from Brazil was hit by concerns about the safety of tailings dams in the country.A Nippon spokesman said alternative sources for the raw materials in Brazil and Australia would be considered, and pellet prices – which always trade at a premium to iron ore prices – could push a little higher still.
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