Iron ore and TMT steel bars have the biggest role in the world export.
All the exporters of the Steel products are always looking forward to having and get the best quality iron ore.
many products are used in many different industries but without a doubt, Iron is the most important good.
Iron ore is purified and processed after the identification of the Iron mines.
We are using this product in many different structural buildings.
Advanced civilizations and industries need the byproducts of this mineral, like steel and cast iron.
The question that comes to mind after hearing the word "steel" is, what is Iron Ore? Iron ore is a kind of mineral stone with having parts of Iron (Fe) which must get purified for specific purposes.
To purify this stone, the process of melting and reviving should be done in the developed way.
This stone is the most abundant stone in the world.
Two frequent materials used in the Iron ore are Hematite and magnetite.
Hematite has about 70 percent Fe and 30 percent oxygen.
We use this mineral in making paints and rust proof paints.
China is the biggest importer and user of this mineral among all the other countries.
Australia and Brazil are the biggest producers of Iron Ore in the world.
Purification process is very important in this products because we cannot find such a pure material in the world in the first place, so after extraction of Iron Ore, first they prepare it to get it to the furnace after its processed.
These procedures include, shredding, grinding, sifting and washing.
Finally with the help of flotation method it purifies to more than 60 to 65 percent.
Then the stones made during this process are getting to the furnace.
The usage of Iron Ore varies and has different forms.
In addition to the differences in chemical formulation, the physical forms are very important and categorize in pellet fines and concentrations.
The usage of such stones is in making cast Iron and steel.
All the civilizations before us and now, use this metal more than other metals.
World Metal Price
The price of the metal in the world depends on lots of different factors.
The first factor is the quality and purity of the Iron ore used in the products, so the purity of the Iron Ore bought to make the steel itself has a significant role.
The best countries around with the best quality Iron ore may vary but Australia and Brazil are continuously producing and export the Iron Ore to the countries around the world.
The Iron Ore has other effects on the economy and power of a country too.
Parameters like price of steel, domestic raw production rate, raw oil price and Aluminum price, gold price, Dollar's price and a lot of others are affected by this product.
Hence, as experts say, steel price, rate of demand and supply, dollar exchange rate, the formula for tagging and pricing the goods by the big companies are the indicators effecting the Iron Ore price.
Supply and demand and global rate are the most important factors on the price of Iron ore.
With knowing that Iron Ore is the base and core to produce steel and with high demand of steel in the world, the price of steel is directly related to the price of Iron Ore.
TMT Steel Price
One of the other productions of steel is TMT steel bar.
The price of the product is again directly related to the price of Iron Ore.
TMT steel bar is a bar produced by the thermomechanical procedure.
This product is better and has higher quality than regular bars.
They are harder and have a higher tensile strength.
When we are discussing the steel products, hardness and strength are exactly the opposite of each other, with this meaning that, the harder the steel the less strength it has.
For example, ST37 has a high strength but the hardness is not sufficient.
The technology used in the TMT bars are invented to fulfill the needs of civil engineers.
To answer the question of improving the hardness of steel, we can say that there are a lot of factors are participating in the matter.
Carbon percentage is very important in the process, the higher the level of carbon, the higher the rate of hardness of the alloys.
Granulation in steel is another way to harden the TMT steels.
If we be able to enlarge the granulation of steel the hardness gets higher.
Agni Tmt Steel Price Today
The Agni TMT steel bars have a different way of production in which the steel TMT bars get into a short and intensive low temperature water touch and that this process is directly affecting the strength of the steel product.
12MM Steel Price
If we look at the sizes of steel products, 12mm steel is in the middle. Based on the quality and strength, this size has the best price due to its medium weight and size and strength.
12 mm steel bar is mostly used in the construction of the buildings and strengthening the buildings and because it has both the optimal strength and weight, it is popular among all the businesspeople, buying the products.
The weight of the mentioned product is about 10 to 11 KG per piece. The price of the product in our firm is the best and fairest.
Iron Ore Price
The market for importation of Iron Ore in China has experienced a big decrease and the price of the Iron Ore in the ports and shipments in both buyer and seller market was lower than normal during the last year.
The Iron Ore with purity of 62 percent was imported from Australia with 7.1 percent decrease and it was sold to 135.9 USD under CFR incoterm in Qingdao port in China.
Conclusion
With all the information mentioned in the passages above.
We can assure you of the quality and prices.
We are working worldwide, exporting products to over 20 countries and the customer satisfaction is our top priority.
You are looking for a product with a right price and the right quality in the global market, or perhaps you are searching for the price of a product, lower than the global market price, don’t hesitate to contact us at any time.