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WhatsAppGet PriceGet A QuoteThe average grade of iron in these reserves varies from 45 to 60 percent. More than 90 percent of Iran’s iron ore deposits are located in three provinces listed in Table 11, while Table 12 presents a comparison of Iran’s iron ores with the rest of the world. The share of Iran in worldwide iron reserves stands at 2.7 to 3 percent, while its
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WhatsAppGet PriceGet A QuoteIron 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 Financial 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 ".
WhatsAppGet PriceGet A QuoteIron ore price jumped to a three-week high on Thursday after Fortescue Metals Group halted mining operations at its Solomon Hub site in Australia’s Pilbara region.
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