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Description
Overview
almost all iron ore is used to make steel. That's why it's one of the world's most important minerals. It's also why demand continues to grow and why it's forecasted to stay extremely strong through 2011. Iron Ore demand is driven by growing blast furnace and DRI steel production. Tight Supply/demand conditions and transportation restrictions are the major factors supporting prices.
How Iron Ore is Used
In the steelmaking process, iron ore is alloyed with a variety of elements such as tungsten, manganese, nickel and chromium to give it strength and hardness. The resulting varieties of steel are essential for nearly all industries.
China's Strength in the Global Market
World demand for iron ore presently exceeds supply, exerting sustained upward pressure on prices. The biggest demand factor is China, which has accounted for 86% of overall demand growth since 2006. China is the largest producer and consumer of iron ore, representing approximately 54% and 35% of global demand and supply respectively. Continuous growth in China's long-term demand means that the world's largest steel producer is an important player in international markets, and will remain strong for some time
Our Iron ore Products:
We have one of the best quality of Iron ore with Fe content of more than 64 % Fe. We have total reserves of more the 600 million tons of high grade Iron Ore.
Presently our production is about 100000 MT per month.
We are fully determined to increase our production to 10 million MT per year.
We have three types of Iron Ore products:
1. 5-18 mm(Lumps)
2. 10-40 mm(Lumps)
3. Fines(<5 mm)
almost all iron ore is used to make steel. That's why it's one of the world's most important minerals. It's also why demand continues to grow and why it's forecasted to stay extremely strong through 2011. Iron Ore demand is driven by growing blast furnace and DRI steel production. Tight Supply/demand conditions and transportation restrictions are the major factors supporting prices.
How Iron Ore is Used
In the steelmaking process, iron ore is alloyed with a variety of elements such as tungsten, manganese, nickel and chromium to give it strength and hardness. The resulting varieties of steel are essential for nearly all industries.
China's Strength in the Global Market
World demand for iron ore presently exceeds supply, exerting sustained upward pressure on prices. The biggest demand factor is China, which has accounted for 86% of overall demand growth since 2006. China is the largest producer and consumer of iron ore, representing approximately 54% and 35% of global demand and supply respectively. Continuous growth in China's long-term demand means that the world's largest steel producer is an important player in international markets, and will remain strong for some time
Our Iron ore Products:
We have one of the best quality of Iron ore with Fe content of more than 64 % Fe. We have total reserves of more the 600 million tons of high grade Iron Ore.
Presently our production is about 100000 MT per month.
We are fully determined to increase our production to 10 million MT per year.
We have three types of Iron Ore products:
1. 5-18 mm(Lumps)
2. 10-40 mm(Lumps)
3. Fines(<5 mm)
Contact the seller
Iron Ore
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