Hematite is one of the forms of Iron Oxide. One of the main mineral stones is derived from Iron. Some top countries are exporting Hematite and Iron Ore. Like most precious stones, this metal is among those which because of its materials and usage are favorite around the world. The name hematite comes from its Greek origin because in its powder form it has a Red color. Today it is replaced with some other cheaper materials but if we polish the stone, it has the look of silver. Hematite has a compact form and because of its shape and color, it’s always opaque. 
Recognition of the Hematite stone is very easy because it cannot be mistaken with other materials. When polished, it has a glowing and shiny surface with a red color. The original and natural Hematite is not magnetic, but it can become a very strong magnet during some processes. That is why it is always mistaken with hematin. Hematin is a magnetic form of Hematite. We can find hematite in various parts of the world. some parts world like Greece, Brazil, Cambria, England, the Alps, and Italy. Morocco, South Africa, Bangladesh, China, new Zealand, Scheck republic, and the U.S. are famous for producing high-quality products.
Iron Ore Imports by Country
Iron Ore as a vital element in the economy of a country has a significant role in the recognition of a country. Iron ore imports by country show the producing country's productivity and exports of steel products some tariffs on exporting and importing Iron Ore and based on the country these tariffs are changing. Some countries are putting heavy tariffs on specific products and Iron Ore especially is not an exception. 
The purity of the product is very important and the concentration of Iron crudes should be about 68 percent, so the stones that are exported have high purity and are derived from magnetite. The usage of the same product is solely for steel companies. Other usages of hematite Iron Ore go to factories that are making cement. Cement factories make use of Iron Ore because this product has no use for steel factories and is exported less than usual.
Australia’s Iron Ore Exports
Australia is a hub in Iron Ore exports around the world. all economists were thinking that Australia has passed the corona completely and is economically stabled, but now two states carrying 55 percent of the economy of the country is under quarantine, so they will experience a lot of difficulties. One of the strange things here is that with all the difficulties in the exporting countries, the market for exporting Iron ore and coal is growing even more. The exportation of Iron Ore was so significant that during July, the price of each ton was about 214 USD. 
It is so obvious that the economy of Australia is largely dependent on exporting minerals and the corona pandemic made a significant push back on the economy of the country. In 2020 more than 910 million tons of Iron ore were extracted from the mines in Australia and because Iron ore is one of the main production needs in producing steel, a lot of countries, especially China are trying hard to get the products from Australia. The diplomatic relations between Australia and China are getting cold every day after Scott Morison insisted on finding the origin of the coronavirus. Since then, importing from Australia to China has experienced a lot of difficulties.
Top Iron Ore Importing Countries
When it comes to talking about importing Iron products, the top country for importing Iron Ore is always China. China and Australia are having strong contact through the importation and exportation of raw materials especially Iron Ore and crude Iron. They are helping each other to grow faster economically. In 2000, at the beginning of China's economic boom, the exportation of Australia to this country was more than 6 billion Australian dollars. 15 years later, China with almost 74 billion USD exports was the biggest counterpart of Australia and passed Japan, the US, South Korea, and New Zealand. 
Some economists claim that the good fortune that Australia got from helping countries pass the financial collapse during 2008, has helped other parties as well. One of the Chinese economists says: "Nearly four-fifths of Australia's Iron Ore export goes to China. He also says that Australia is going to find many other buyers for his products and this is going to change the history of China to get the energy and resources needed for his economy.
Best Quality Iron Ore in the World
Australia's high-quality Iron Ore is known in the whole world but if you want to get the best quality Iron Ore in the world you must search more. For instance, IRAN holds a tenth place among the biggest mines around the world. In 2018 we needed 40 million tons of stones and for extracting such a quantity we need to use 120 million tons of waste removal. These numbers show that the potential that Iran has is significant and because of that we can easily count the country as one of the biggest in the market. 
The quality and quantity that Iran can export, and manufacture are equal to China. Though China has many different geographical and financial advantages over the country, Iran has its market and can supply a big number of products. We can talk about Brazil and Australia as the biggest and strongest exporters of minerals around the world especially speaking, Iron Ore, but IRAN is growing even more every day and makes a tighter market for its competitors. All in all, because of the potential of Iran and its geographical position in the middle east we can call Iran a road connected to all countries around the world.
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