What Are The Main Uses Of Iron Ore
Apr 12, iron ore is the main ingredient in steel, which makes up 95 percent of the metals used in the world per year. two billion metric tons of raw iron ore are produced in a year. the world's largest single producer of iron ore is brazilian mining company vale, which produces over 350 million tons of iron ore.Apr 26, iron ore market expert and magnetite mines (asx:mgt) director, mark eames, has consistently said that production capacity for iron ore in australia has not kept up with rising demand. this means that australian shippers cannot easily crank out more volume even if they wanted to, and the pipeline of new projects is relatively.