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Iron ore pellets are spheres of typically 6–16 mm (0.24–0.63 in) to be used as raw material for blast furnaces.They typically contain 64%-72% Fe and various additional material adjusting the chemical composition and the metallurgic properties of the pellets. Typically limestone, dolomite and olivine is added and Bentonite is used as binder.. The process of pelletizing combines mixing of ...
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Of the 13.6 million tons of steel 7 million was exported, and 43.1 million tons of iron ore was exported at a value of $4.6 billion. Of the iron ore exported 38.5% of the volume was iron ore pellets with a value of $2.3 billion and 61.5% was iron ore concentrates with a value of $2.3 billion.
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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 iron ore produced by Vale can be found in houses, cars and appliances.
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