62 percent FE 3" to fines
50,000 mt trial order or 12 month
$55.00 mt fob Manzanillo, Mexico
We trade the whole spectrum of iron ore products and grades. With origination teams in all the main exporting countries, we use our extensive international network to connect specific buyers with particular grades of stock. We source cost competitive supplies through our close relationships with the major producers and provide support for smaller mining concerns
Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. The iron is usually found in the form of Mangnetie (Fe3O4, 72.4% Fe) hematite (Fe2O3 69.9%) goethite ((FeO(OH), 62.9% Fe) Limonite (FeO(OH) n(H2O) 55% Fe) siderite (FeCO3, 48.2%, Fe) Ores containing very high quantities of hematite or magnetite, typically greater than about 60% iron, are known as natural ore or direct shipping ore, and can be fed directly into iron-marking blast furnaces. Iron ore is the raw material used to make pig iron which is one of the main raw materials to make steel 98% of the mined iron ore is used to make steel. In 2011 the Finacial Times quoted Christopher LaFemina, mining analyst at Barclays Capital, saying that iron ore is " More integral to the global economy than any other commodity except perhaps oil". MOQ 25,000 Supplied from Oman
Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. The iron is usually found in the form of magnetite (Fe3O4, 72.4% Fe), hematite (Fe2O3, 69.9% Fe), goethite (FeO(OH), 62.9% Fe), limonite (FeO(OH)n(H2O), 55% Fe) or siderite (FeCO3, 48.2% Fe). Ores containing very high quantities of hematite or magnetite (greater than about 60% iron) are known as natural ore or direct shipping ore, meaning they can be fed directly into iron-making blast furnaces. Iron ore is the raw material used to make pig iron, which is one of the main raw materials to make steel 98% of the mined iron ore is used to make steel. Item Specification Fe: 57 Min SiO2: 4 Max Al2O3: 5.5 Max Moist: 12 Max P: 0.08 Max S: 0.04 Max +40mm: 5 Max -6mm: 20 Max LOI: 7 About TI: 70 Min AI: 15 Max RI: 60 Min RDI: 25 Max DI: 10 Max
* Iron ore is found in nature in the form of rocks, mixed with other elements. By means of various industrial processes incorporating cutting-edge technology, iron ore is processed and then sold to steel companies. The primary use of iron ore (98%) is to make steel. The remaining 2% is used in various other applications, such as: powdered iron for certain types of steels, magnets, auto parts and catalysts. radioactive iron (iron 59) for medicine and as a tracer element in biochemical and metallurgical research 5.5 -6 mm 8 mm 10 mm 12 mm 16 mm 20 mm 25 mm 32 mm 36 mm 40 mm 50 mm
Our iron ore is hematite. Hematite is a reddish-brown iron oxide mineral with the chemical formula Fe2O3. Hematite ores in Nigeria usually contain between 50% and 70% iron, making them ideal for iron ore production. Commodity 1 provides Iron ore directly from the mine site to the global market. There are no middlemen involved, only our staff on the ground. We strive to organize smooth and transparent transactions. We believe in building long-term relationships with our customers. According to a report by the World Steel Association, global steel production is expected to reach 1.8 billion tons in 2025, from 1.6 billion tons in 2020. This increase in steel production will increase demand for iron ore. The global iron market is expected to grow at a CAGR of 4.5% between 2022 and 2027. PACKAGING & DELIVERY Packaging Details: LUMS Port: Lagos Apapa Port, Nigeria Bags: 50 kg Container: 20 ft Lead time: Quantity (metric tons) 20 MT/Month 1000 MT/Month Lead time (days) 30 Days 30 Days Shipload : The shipload quantity is available every four months. CHEMICAL COMPOSITION ANALYSIS Element Chemical Symbol Typical Concentration (% by weight) Iron Fe 65-75 Silicon dioxide SiO2 0-25 Aluminum oxide Al2O3 0-15 Titanium dioxide TiO2 0-5 Manganese oxide MnO 0-3 Phosphorus pentoxide P2O5 0-0.1 Iron ore composition varies slightly based on the source and what region of Nigeria it is collected. We encourage buyers to ask for a free sample for their own composition analysis and evaluation of ready-to-ship material. Samples are free of cost, but buyers should arrange with a courier service of their choice to pick up a free sample.