Iron ore Wholesale production in the global market

Selling cheap iron ore in bulk is always an advantage for the seller. Because the seller can reduce the payback time by selling cheap but the bulk products and on the other hand does not pay maintenance costs. Also, the bulk purchase for the buyer makes the final price of this product cheaper for him.

What are the types of iron ore?

Iron ore pellets are pellets made from soft or crushed iron ore that are hardened by cooking. After this, the iron is poured into the blast furnace and regenerated to regenerate it. Pellets are considered as raw materials for the production of iron ore steel, which after conversion to concentrate is converted into steel. As you know, with the industrial revolution in Europe, the use of metals, especially steel, expanded significantly. Based on this, it can be said that iron ore processing is one of the most important processes in the production of steel chains. The processing of types of iron ores is divided into two categories based on the products that the producer produces.

• Production of granulated iron ore
• Production of iron ore concentrate

The production of granulated iron ore is usually done dry and without the use of water. In this method, using magnetic methods, high-grade iron ore is separated from low-grade iron ore. Since this type of iron ore has a low grade, it can not be used in the direct reduction system, but it can be used in blast furnaces. Of course, in deposits, the average grade of iron ore is low and the amount of elements is too acceptable. Today, in the iron ore formula factory, the processing circuit generally consists of units for crushing, grinding, upgrading, and dewatering. In addition to these units, transportation, water supply, facilities, etc.

Bulk production of Iron ore in 2020

Iron ore is currently sold at the cheapest price in the market. The sale of iron ore has always been dependent on the needs of the market and is strongly dependent on the needs of the steel industry in the country. In recent years, despite the sharp decline in world iron ore prices and the obstacles caused by economic sanctions, iron ore production plants in Iran have continued to grow and their development plans and programs with only a slight delay in the schedule, have advanced.

Cheap iron ore is currently being purchased in the Iranian market. Accordingly, despite the US-imposed sanctions on the country, given that almost all products produced in domestic factories and at prices based on the price of steel ingots, so cutting foreign exchange earnings has only been able to develop these companies.