Iron Ore

Iron Ore

What is iron ore?
Iron ore is a metallic element that covers 5% of the earth's crust. This element is easily oxidized
It is not very sturdy on its own and to increase its strength for use in such areas
Construction, its alloy is made using many elements. Iron ore is the primary material of steel production
And 98 percent of the iron ore extracted worldwide is used to produce steel. Automotive industry
And construction is the main consumer sector of steel and as a result of the demand for steel in these sectors
It affects demand and prices for iron ore. Iron ore is not a direct alternative but the main consumer
That means steel has alternatives. Includes a high competition with other metals such as aluminum that consumes
It is growing in industries such as automotive. China is the world's largest steel producer and 44
It has a world-class production percentage and imports to supply its iron ore needs. Rate
The importance of the demand for iron ore in China on the market for this raw material is apparent from the fact that China, in addition to
The second largest iron ore producer in the world is the first importer of this essential raw material.

Iron ore is a rock containing iron strands. Fe is a chemical symbol of iron by separating the stone from iron and smelting it.

 

Iron ore is one of the most abundant metallic elements in the earth. Its oxide is about 5% of the Earth's crust. Common iron ore minerals are hematite (Fe2O3) with 70% iron and magnetite (Fe3O4), which has 72% iron. The average grade in iron ore is about 60 to 65 percent, but in relation to this primary substance, the following points can be made:

The world's largest mines of iron ore are in Brazil, Australia, China, India, the United States and the United States.

The total amount of iron ore in total mines in the world is estimated at 800 billion tons, which contains 230 billion tons of iron.

The current amount of ore reserves in the world ready to be exploited is 160 billion tons.

Iron ore is sold in different qualities in terms of the amount of iron and the amount of its desirable or desirable ingredients, regardless of iron.

In terms of mechanical properties, the quality of the iron ore to the ore or the fine grains (particle size less than 4.75 mm), lumb, or particle size with a diameter of more than 4.76 mm and the pellets are divided. The pellets are produced by the agglomeration process of fine-grained minerals and concentrated iron minerals, and their particle size is 59.55 mm to 16 mm.





 



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