Iron ore Different types for sale

Iron ore is a ore that makes up 5% of the earth’s crust. By extracting raw iron ore from the earth’s crust and separating impurities, a dark silver-brown iron powder is obtained. This element is easily oxidized and is not very strong on its own, and to increase its strength to be used in areas such as construction, its alloy is prepared using many elements. These elements are different and the most common are nickel and chromium.

What are the four types of iron ore?

Indications

Iron ore is the raw material for steel production, and 98% of the world’s iron ore is used for steel production. The automotive and construction industries are the main consumers of steel, and as a result, the demand for steel in these sectors affects the demand and price of iron ore.

Production Process

To produce 1 ton of iron in a long furnace requires 1.75 tons of iron ore, 750 kilograms of coal and 250 kilograms of limestone, which also consumes 4.5 metric tons of air. The air temperature in the center of the furnace reaches 1600 degrees Celsius. There are various methods in the production process.

Replace

Iron ore has no direct alternative, but its main consumer, steel, has alternatives. Among other things, it has high competition with other metals such as aluminum, which is increasingly used in industries such as automotive. Also in production, containers, plastics and glass are alternatives to steel. On the other hand, metals such as aluminum require a large percentage of electricity consumption to produce, so steel consumption is more common. A limited amount of scrap iron is recycled, but steel recycling is more than any other metal. Although steel is also produced from scrap recycling, its total volume is currently insufficient. For information about types of iron ores Visit our site.

Buy various types of iron ore on the market

Production

In 2009, the world’s iron ore production was 1 billion 691 million 150 thousand tons, which is 3.2 percent less than in 2008. The decline occurred in the United States and Europe, where iron ore production fell 28.2 percent and Europe fell 11.4 percent.

The main producer of iron ore is Australia, followed by China and Brazil. Other major manufacturers are Russia and the United States. In 2009, Australia’s total iron ore production was 393,900,000 tons, followed by China with 340,900,000 tons. However, the difference between Australia and China is that Australian production is exported while China consumes all of its production. Because it is the largest steel producer in the world and one of the main markets for iron ore consumption.

The main producers of iron ore are Australia, followed by China and Brazil. Other major manufacturers are Russia and the United States. In 2009, Australia’s total iron ore production was 393,900,000 tons, followed by China with 340,900,000 tons. However, the difference between Australia and China is that Australian production is exported while China consumes all of its production. Because it is the largest steel producer in the world and one of the main markets for iron ore consumption.

Imports and Exports: China is the world’s largest steel producer, accounting for 44 percent of the world’s production and producing and importing iron ore to meet its needs. The importance of China’s iron ore demand to the raw material market is evident in the fact that China is not only the world’s second largest producer of iron ore, but also the first importer of this important raw material. In 2010, China’s total imports were 619 million tons, down 1.5 percent from 2009. However, it should be noted that in 2009, the import of iron ore increased by 41.5%. With a capacity of 800 million tons, China is the world’s largest consumer of iron ore. Australia and Brazil supply much of China’s needs, with India accounting for only 25 percent of China’s imports.

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