Iron Ore Specification

IODEX - Iron Ore Price assessment | S&P Global Platts

Platts Iron Ore Index, or IODEX (IODBZ00), is a benchmark assessment of the spot price of physical iron ore. The assessment is based on a standard specification of iron ore fines with 62% iron, 2.25% alumina, 4% silica and 0.09% phosphorus, among other gangue elements.

Iron Ore | Today's Spot Price & Charts - Market Index

Iron Ore (Fe) is mined in around 50 countries worldwide and used to make steel (buildings, cars, white goods etc.). Global economic growth is the primary factor that drives its supply and demand. When economies are growing, the need for steel in construction increases which drives the price up.

Iron Ore - DCE

Contract Specification. Detailed Rules and Measures. Market Statistics. Iron Ore Futures of DCE(Force from the Iron Ore 2009 Contract) ...

Iron Ore Company India: Manufacturer & Supplier of Iron ...

Sesa Goa Iron Ore, a Vedanta Group company is engaged in exploration, mining and processing of iron ore. The company was founded in 1954, as Scambi Economici SA Goa. Since then, it has grown to be one among the top low-cost producers of iron ore in the country. During 1991-1995, it diversified into the manufacture of pig iron and metallurgical ...

Fastmarkets MB Iron Ore Index

We publish fourteen individual iron ore indices, each representing different parts of, and values in, the iron ore market. 1. 62% Fe Fines (MBIOI-62) 2. 58% Fe Fines (MBIOI-58) 3. 58% Fe Fines High Specification Premium (MBIOI-58P)

Iron ore pricing explained | Metal Bulletin.com

Iron ore is a non-fungible commodity, and its quality varies. To help facilitate price adjustment for differences between expected and delivered product specifications, PRAs have developed value-in-use (VIU) indices for the key price-affecting chemical components of iron ore - iron…

Specifications guide Iron ore - S&P Global

The following Iron Ore specifications guide contains the primary specifications and methodologies for Platts Iron Ore assessments throughout the world. These are the timestamps used for Platts iron ore assessments. Data reported at or after these timestamps is not considered in the assessment process. Asia: 5.30pm Singapore Atlantic: 4.30pm ...

Iron Ore Pelletizing Process: An Overview | IntechOpen

Jul 11, 2018· The iron ore production has significantly expanded in recent years, owing to increasing steel demands in developing countries. However, the content of iron in ore deposits has deteriorated and low-grade iron ore has been processed. The fines resulting from the concentration process must be agglomerated for use in iron and steelmaking. This chapter shows the status of the pelletizing process ...

PRICING NOTICE: Impurity range amendments for 65% Fe iron ...

May 05, 2021· This change will reflect more clearly the product types that Fastmarkets includes in this index and normalizes to its base specification, which have comprised a number of higher-alumina and higher-phosphorus brands since they became the prevailing source of liquidity in the cfr China spot market for iron ore pellets.

Nagarnar Steel Plant - Wikipedia

Iron ore requirement for the steel plant would be 5 MTPA. The Deposit 4, spread over a mining lease area of 646.596 hectares, has a production capacity of 7.0 MTPA. The remaining iron ore quantity after meeting the requirement of the Nagarnar plant will be sold to domestic customers in Chhattisgarh.

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