Global iron ore production data; Clarification of reporting from the USGS

- Organization:
- Society for Mining, Metallurgy & Exploration
- Pages:
- 4
- File Size:
- 1932 KB
- Publication Date:
- Feb 1, 2017
Abstract
"Iron ore is the source of primary iron for the world’s iron and steel industries. Its production can be reported as crude ore, usable ore or iron content of ore. Historically, the U.S. Geological Survey (USGS) used reported crude ore production from China in tabulations of world iron ore production while other countries have typically reported their production in terms of usable iron ore. When China’s crude ore production was tabulated with usable ore production from other countries, world iron ore production totals have been overestimated by 10 percent to a high of content and may include products such as concentrates, direct-shipping ore, pellets, and sinter.• Iron content, also referred to as metal content or grade, denotes the amount of elemental iron in the crude or usable ore.BackgroundIron ores consumed in the steel industry typically require an iron content greater than 58 percent before being considered commercially usable. Iron ores that are not commercially usable must undergo beneficiation to raise the iron content. Approximately 98 percent of the world’s usable iron ore production is consumed in blast furnaces to make pig iron, which is further processed to make steel.High-grade iron ore mines can supply usable iron ore, known as direct-shipping ore, to blast furnaces, with minimal physical processing and no beneficiation. With direct-shipping ore, the reported production for crude ore and usable ore are the same. Ore from low-grade deposits must undergo beneficiation to increase the iron content before it can be used by the steel industry. In this instance, the mined material is called crude ore and post-beneficiation concentrates are called usable ore; the amount produced will be less than the crude ore amount. With the notable exceptions of countries such as Australia and Brazil, most of the world’s iron ore deposits are low-grade and require beneficiation."
Citation
APA: (2017) Global iron ore production data; Clarification of reporting from the USGS
MLA: Global iron ore production data; Clarification of reporting from the USGS. Society for Mining, Metallurgy & Exploration, 2017.