Iron Ore

• Product code: SP0025

• Group Product: Materials

• View: 2198

Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red.
Ores containing very high quantities of hematite or magnetite (greater than about 60% iron) are known as "natural ore" or "direct shipping ore", meaning they can be fed directly into iron-making blast furnaces. Iron ore is the raw material used to make pig iron, which is one of the main raw materials to make steel—98% of the mined iron ore is used to make steel. Indeed, it has been argued that iron ore is "more integral to the global economy than any other commodity, except perhaps oil".

Iron Ore Product Details

Iron Ore Typical Iron Ore
Standard Fe 58-63%, Silica + Alumina 3% max 
Size 0-40mm
Origin Australia
Quantity 500,000-1,000,000 MT
Shipment 60-90 days from L/C date
Delivery In bulk

Iron Ore Typical Iron Ore
Standard Fe 63-65%, Silica + Alumina 3% max 
Size 0-20mm
Origin Brazil
Quantity 500,000-1,000,000 MT
Shipment 60-90 days from L/C date
Delivery In bulk
 
Iron Ore Typical Iron Ore
Standard Fe 63-64%, Silica + Alumina 3% max 
Size0- 0-6.3mm, 80% min.
Origin South Africa
Quantity 500,000-1,000,000 MT
Shipment 60-90 days from L/C date
Delivery In bulk

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