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Saudi Arabia’s Iron Ore Fine and Concentrate Market Outlook Report
8,431€
- 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
8,431€
- 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 Fine and Concentrate Market Outlook Report
8,431€
- 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.
[View details]