Iron Ore

• Product code: SP0025

• Group Product: Materials

• View: 7349

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
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
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
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