Abstract
This article discusses the current state of iron and steel industry from the global perspective. The modern problems of iron ore mining are shown. The positive and negative impact of different factors on the iron ore and steel market is viewed. The tendencies in iron ore mining of the world’s leading producer countries are shown. The current state of domestic iron ore mining is analyzed. The ecological concerns arousing from the usage of large amount of fossil fuels resulting in significant emissions of carbon dioxide in the steel industry are discussed. The solutions some countries are using to handle ecological problems of iron ore mining and transition to greener technologies in steel industry are viewed.