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.

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Commodities

Commodities

Commodities

Commodities

Iron Ore Concentrate

Iron Ore Concentrate

Pellets

Pellets