Manganese Ore

Approx. Rs 4,800 / TonneGet Latest Price

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By far, the most important use of iron is in the making of steel, which is essentially an alloy of iron with carbon and other elements depending on the end use. India is one of the earliest manufactures and users of iron and steel in the world. Iron and steel together account for the largest manufactured products in the world and each of them enters into every branch of industry and is a necessary factor in every phase of our modern civilization. Pure iron has relatively few and quite specialized uses. The iron and steel producers account for about 98 per cent of the iron ore consumed in the country with about 80 per cent going to independent pig iron and integrated steel units and 18 per cent to the sponge iron industry. The nature of specific demand for iron ore is dynamically driven based on technology in steel/iron making. For 3 3 example, in India, the demand for lump ore has grown strongly in the past few years due to a very rapid growth in the sponge iron industry