https://www.michelleapplebaum.com/blog/?p=3861 Analytical Steel Industry Expertise Fri, 02 May 2014 06:00:18 +0000 hourly 1 https://www.michelleapplebaum.com/blog/?p=3861#comment-8064 Tue, 12 Feb 2013 14:51:03 +0000 http://www.michelleapplebaum.com/blog/?p=3861#comment-8064 Thanks for the info and analysis on iron ore prices.
Can you indicate the prices for various grades?
Is this prices for concentrate? The most economical steel making practices for a BF require a minimum of 63.5% FeT and for DR grade 67% FeT. The reporting of 62%FeT is an indication of an inferior quality iron ore and either the ore has to be enhanced in quality to those specs or the steel making practice will be most inefficient and perhaps products will be effected in meeting spec.
This seems to be the case all over the east and far east, whereas, meeting higher standards through beneficiation and upgrading materials, as well as steel making practices, could certainly put some confidence into products coming out of those areas.

]]>