Commodities
Iron Ore Concentrate, Pellets
Commodities
Commodities (Iron Ore Concentrate, Pellets) refers to basic raw materials that are traded in global markets, specifically related to steel production.
Commodities
Commodities
Commodities are standardized raw materials that are bought and sold worldwide. Examples include oil, gold, wheat, copper, and iron ore. Their prices are usually determined by global supply and demand.
Iron Ore Concentrate
Iron Ore Concentrate
This is processed iron ore. After mining, iron ore contains impurities. It goes through crushing, grinding, and separation processes to increase the iron content (usually around 65–70% Fe). The result is called iron ore concentrate a higher-grade raw material used to make steel.
Pellets
Pellets
Pellets are made from iron ore concentrate. The fine concentrate powder is rolled into small balls and heated at high temperatures to harden them. These pellets are easier to transport and are used in blast furnaces or direct reduction plants to produce iron and steel.

