In a simple definition, sponge iron today can be introduced as bulk material used in the steel industry after melting to produce ingots, bars, and sheets.
Sponge Iron Today
Sponge iron today is used as a raw material in many industries.
Knowledge of the use and manufacturing methods of this product is also defined as an important topic in the study of this question.
Sponge iron is a product obtained by the direct reduction of iron ore.
For this reason, it is also called direct recycled iron.
The sponge iron production line produces iron ore with a purity of 67% while removing oxygen.
This material is known as sponge iron because of its porous appearance.
Sponge iron is now being introduced as a suitable substitute for scrap iron.
In short, this product supplies most of the raw materials required for smelting in steelmaking equipment.
Sponge Iron Today Features
The answer to the question of what sets sponge iron apart from all the other products in the market today lies in the features of this product.
Sponge iron has a higher percentage of iron purity than steel scrap.
| Title | Description |
| Purity | 67% |
| Appearance | Porous |
| Buying Tips | Pay Attention to Purity |
| Positive Point | Suitable Substitute for Scrap Iron |
In fact, due to the small impurities in this product, most steel factories use it as the main raw material in their production.
In addition, it uses less energy and water during melting than steel scrap, making it more economical than scrap.
Also, the final product produced using Sponge Iron is of higher quality.
This feature is related to the low nitrogen content of this product.
Buy Sponge Iron Today
When buying sponge iron, it is best to choose a product with high purity and quality.
For this goal, it is required to examine the most appropriate manufacturing facility and acquire the appropriate product based on the kind of use.
The buying cost of sponge iron and its remittances may vary based on variables such as iron cost, production facilities, manufacturing processes, and currency rates.
As a result, before making a buying request, we suggest that you get information about the daily cost of this product from a trusted source.
Due to the high-quality steel produced using this product and the minimal environmental risks of its production process, this product can now be used as a high-yield raw material in the steel industry.
Sponge Iron Price Today + Buy and Sell
Sponge iron is one of the most effective materials in the production of high-quality iron.
The sponge iron price today ranges from 210 to 315 USD.
The price of this product is becoming more important day by day due to its growing popularity and the fact that it constitutes about 5% of the world's iron.
The price of sponge iron, like all valuable products used in industry, is influenced by many factors.
At times, national and international political and economic events can change the market for precious metals such as iron.
Due to market fluctuations, always ask our experts for the latest prices for purchasing and selling sponge iron.
The Answer to Two Questions About Sponge Iron
1: What is ABC in sponge iron?
ABC carbon burns with extra air. Waste heat recovery boilers generate steam from ABC high-temperature gases (WHRB)
2: Which country is the largest producer of sponge iron?
India produces the most sponge iron, mostly from coal.