Iron Ore
Iron ore is integral to the steel-making process and one of the most sought-after commodities in the world. Steel is strong, long-lasting and cost-efficient – making it perfect for everything from washing machines to cars, bridges and skyscrapers.
According to the World Steel Association, steel is the most commonly used alloy in the world. Global steel consumption is forecast to grow by 1%-2% per annum over the next decade.
Iron ores are rocks and minerals from which metallic iron can be extracted. There are four main types of iron ore deposit: massive hematite, which is the most commonly mined, magnetite, titanomagnetite, and pisolitic ironstone. These ores vary in colour from dark grey, through to deep purple, rusty red and bright yellow. Iron is responsible for the red colour in many of our rocks and the deep red sands of the Australian deserts.
98 per cent of all iron ore is converted into pig iron for steel making. It is then used in construction, transportation, energy infrastructure and even household appliances. Global Importing and Exporting supply bulk shipping of the Highest Quality Iron Ore from guaranteed suppliers in Australia and around the world.