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Iron Ore | Today's Spot Price & Charts - Market Index

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Steel raw materials - OECD

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USGS Minerals Information: Iron Ore

Iron ore is a mineral substance which, when heated in the presence of a reductant, will yield metallic iron (Fe). It almost always consists of iron oxides, the primary forms of which are magnetite (Fe 3 O 4) .

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RAW MATERIALS | worldsteel

Most iron ore is extracted in opencast mines in Australia and Brazil, carried to dedicated ports by rail, and then shipped to steel plants in Asia and Europe. Iron ore and metallurgical coal are primarily shipped in cape-size vessels, huge bulk carriers that can hold a cargo of 140,000 tonnes or more.

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How is Iron Refined From the Ore?

Wrought iron is strong and at the same time malleable, but still contains silicates, and hence is not totally pure form of iron. Iron ore refining process was modified a little so as to remove these silicates as well as to get a more pure form of iron called the Pig iron. In this process a blast furnace is used which has a silo structure, and limestone is added along with the coke.

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Iron ore – Anglo American – Kumba Iron Ore

Iron ore is also used in medicine, cosmetics, engineering, construction, paint and a whole range of other products we use in our daily lives. And technology is demanding .

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