Iron Ore & Pellet
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Iran’s Ferrous Scrap and Waste Market Outlook Report
9,681€
- TRY: 365,000 ₺
Ferrous scrap includes steel and iron scrap that is either produced during fabrication (new scrap) or when end-of-life products are scrapped (old scrap). Regardless of how it is produced, there are different types of scrap including heavy melting scrap, light-weight scrap, black sheet, busheling, and turnings. Demand for heavy melting scrap, which contains more steel and iron, is stronger. Ferrous scrap is mainly used by crude steel producers in Iran, but other operations such as cast parts manufacturers and ferroalloy producers also use ferrous scrap.
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Iran’s Iron Ore Fine and Concentrate Market Outlook Report
9,681€
- TRY: 365,000 ₺
Mined iron ore generally has a grade below 50%; using it to produce crude steel, although technically possible, incurs high production costs and the economy is annulled due to the low recovery rate. Thus, most steelmakers use iron ore with grades above 60% to economically justify their operations. Iron ore processed to be used in the steel chain is in either of two forms: fine, and concentrate. Iron ore can be divided into magnetite and hematite ore depending on ore type. The easier processing of magnetite iron ore to remove deleterious elements has resulted in higher premiums for this type of iron ore on the market.
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Iran’s Iron Ore Pellet Market Outlook Report
9,681€
- TRY: 365,000 ₺
Iron ore pellets generally fall into two categories: direct reduction grade, and blast furnace grade. Direct reduction pellets are mostly used in the production of DRI and usually have higher grades and premiums, while blast furnace pellets are used in blast furnaces and generally have lower premiums. Since crude steel in Iran is mostly produced by melting sponge iron, demand for iron ore pellets is mostly composed of DRI-grade. But once the new blast furnace in Zarand comes online, demand for BF-grade pellets will increase.
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Oman’s Iron Ore Pellet Market Outlook Report
9,681€
- TRY: 365,000 ₺
Iron ore pellets generally fall into two categories: direct reduction grade, and blast furnace grade. Direct reduction pellets are mostly used in the production of DRI and usually have higher grades and premiums, while blast furnace pellets are used in blast furnaces and generally have lower premiums. Since there are no blast furnaces in Oman for the production of steel, all the iron ore pellets produced in the country is DRI-grade.
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Saudi Arabia’s Iron Ore Pellet Market Outlook Report
9,681€
- TRY: 365,000 ₺
Iron ore pellets generally fall into two categories: direct reduction grade, and blast furnace grade. Direct reduction pellets are mostly used in the production of DRI and usually have higher grades and premiums, while blast furnace pellets are used in blast furnaces and generally have lower premiums. Since there are no blast furnaces in Saudi Arabia for the production of steel, all the iron ore pellets produced in the country is DRI-grade.
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UAE’s Iron Ore Pellet Market Outlook Report
9,681€
- TRY: 365,000 ₺
Iron ore pellets generally fall into two categories: direct reduction grade, and blast furnace grade. Direct reduction pellets are mostly used in the production of DRI and usually have higher grades and premiums, while blast furnace pellets are used in blast furnaces and generally have lower premiums. Since the United Arab Emirates does not have any blast furnaces to produce crude steel, all demand for iron ore pellets is DRI-grade.
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Saudi Arabia’s Iron Ore Fine and Concentrate Market Outlook Report
9,681€
- TRY: 365,000 ₺
Iron ore from mines generally has a grade below 50%; using it to produce crude steel, although technically possible, incurs high production costs and the economy is annulled due to the low recovery rate. Thus, most steelmakers use iron ore with grades above 60% to economically justify their operations. Iron ore processed to be used in the steel chain is in either of two forms: fine, and concentrate. Moreover, iron ore can be divided into magnetite and hematite ore depending on ore type. The easier processing of magnetite iron ore to remove deleterious elements has resulted in higher premiums for this type of iron ore on the market.
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Turkey’s Mined Iron Ore Market Outlook Report
9,681€
- TRY: 365,000 ₺
Iron ore from mines generally has a grade below 50%; using it to produce crude steel, although technically possible, incurs high production costs and the economy is annulled due to the low recovery rate. Thus, most steelmakers use iron ore with grades above 60% to economically justify their operations. Iron ore can be divided into magnetite and hematite ore depending on ore type. Mined iron ore is mostly used in steelmaking, with only a small part of lower-quality ore types used in other industries such as cement production.
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Turkey’s Iron Ore Pellet Market Outlook Report
9,681€
- TRY: 365,000 ₺
Iron ore pellets generally fall into two categories: direct reduction grade, and blast furnace grade. Direct reduction pellets are mostly used in the production of DRI and usually have higher grades and premiums, while blast furnace pellets are used in blast furnaces and generally have lower premiums. Since DRI is not produced in Turkey, it can be concluded that the majority of pellets used in the country are blast furnace grade. It should be noted that blast furnaces account for less than a third of the country’s crude steel output.
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Turkey’s Iron Ore Fine and Concentrate Market Outlook Report
9,681€
- TRY: 365,000 ₺
Iron ore from mines generally has a grade below 50%; using it to produce crude steel, although technically possible, incurs high production costs and the economy is annulled due to the low recovery rate. Thus, most steelmakers use iron ore with grades above 60% to economically justify their operations. Iron ore processed to be used in the steel chain is in either of two forms: fine, and concentrate. Moreover, iron ore can be divided into magnetite and hematite ore depending on ore type. The easier processing of magnetite iron ore to remove deleterious elements has resulted in higher premiums for this type of iron ore on the market.
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