USGS Minerals Information: Iron Ore

Iron ore is a mineral substance which, when heated in the presence of a reductant, will yield metallic iron (Fe). It almost always consists of iron oxides, the primary forms of which are magnetite (Fe 3 O 4) and hematite (Fe 2 O 3). Iron ore is the source of primary iron for the world's iron and steel industries.

Drewry: Iron Ore Inventories Threaten Capesize Demand ...

Demand for Capesizes is being threatened by high iron ore inventories at Chinese ports and looming uncertainty in the global economy, according to shipping consultancy Drewry. "We believe demand for Capesizes in 2019 will be proportional to iron ore inventories at Chinese ports.

The Iron Ore Market 2017 - UNCTAD

Iron Ore Information provides up-to-date statistics and analysis on developments in the world market for iron ore. The Trust Fund, with S&P Global Market Intelligence as its information provider, produces two unique products; The Iron Ore Market Report and Iron Ore Statistics Database. Subscription offers: l The Iron Ore …

Perspectives on the long-term outlook for iron ore ...

World steel production of 1.67 Bt in 2014 generated a demand for 2.16 Bt of iron ore (on a saleable product basis). Even though steel is one of the most recycled materials on earth, scrap provides feed for only about 30 per cent of current world output, with the remainder coming directly or indirectly from newly mined iron ore.

Minerals Council of Australia

Mining is one of Australia's most important industries – it helped keep our economy growing while other countries fell into recession, and continues to support jobs and living standards for all Australians.

Iron Ore Mining – Canada Industry Research Reports | IBISWorld

Iron Ore Mining - Canada Market Research Report Date Published: March 2019 ... trade is a significant part of the industry and global economic performance helps drive demand for the industry. Falling iron prices have resulted in profit margins being cut almost in half, making some mines unprofitable and forcing them to exit the industry ...

CHART: China's iron ore demand rallied in December, just ...

Jan 13, 2016· Chinese iron ore imports rose to a record-high in December, suggesting that demand from the world's largest consumer remains robust. According to Chinese customs data, imports totalled 96.27 million tonnes in December, blowing away the previous record high of 86.83 million tonnes set …

Worldwide - iron ore demand 2019 | Statistic

This statistic represents the projected global iron ore demand from 2017 through 2019. Global iron ore demand is expected to reach some 1,342 dry metric tons (62% Fe equivalent) by 2019. Between ...

Analysis on World Iron Ore Supply and Demand in 2010

SteelHome believes that 2010 iron ore increase is ascribed to the sharp change in global iron ore supply-and-demand. I Iron Ore Demand of Non-China Countries Dropped Drastically in 2009 . According to World Steel Association, global pig iron production was 952 million tonnes in 2009, …

Iron ore - Wikipedia

Increasing iron ore demand, coupled with the depletion of high-grade hematite ores in the United States, after World War II led to development of lower-grade iron ore sources, principally the utilization of magnetite and taconite. Iron-ore mining methods vary by the type of ore being mined.

Global iron ore long-term outlook Q3 2017 | Wood Mackenzie

Global iron ore long-term outlook Q3 2017. ... Chinese hot metal output will decline from this year, reducing iron ore demand World ex-China: Crude steel output and hot metal growth to slow, but continue India: huge potential for seaborne iron ore import growth – but it will come late in our …

Iron ore - Statistics & Facts | Statista

Apr 28, 2019· Iron ore - Statistics & Facts Iron is the most commonly used metal worldwide. It is primarily used by the construction, engineering, automotive, and machinery industry, often as the main ...

The Iron Ore Market Explained

Mar 14, 2019· As a necessary input for the production of primary steel, iron ore feeds the world's largest metal market and the backbone of global infrastructure. The trillion-dollar-a-year steel market accounts for 95 percent of all metal sold every year. And, in order to satisfy our demand for steel products, 1.8 billion tonnes of iron ore were mined in 2014.