Why is iron ore so valuable?


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Iron ore is the rock from which metallic iron is mined. About 98% of the iron in the world is used for steelmaking and many iron ore buyers use iron ores to make profit by stocking it. Pure iron is a metal, a soft whitish element. Except for meteorites that fall from the sky, iron is never appeared in nature by itself alone.

Most iron is found in minerals containing other elements. Iron oxide is the highest content of these minerals. Rocks with high concentrations of iron minerals are usually found near the surface of the earth. Commercial manufacturers extract and process these minerals to obtain iron content.

Historical uses of iron ore

Historians believe that the ancient Egyptians might have used little amounts of iron found in meteorites. But the first fruitful mining of metals may have occurred around 1500 BC. Before that, the elders used bronze to make metal. The Hittites perfected more powerful iron weapons, which led to successful battles and ushered in the Iron Age. Although the early civilizations of China, India, and Japan were the top iron ore buyers and used iron to make weapons and tools, it was not until the 18th century that Europeans improved their iron products. The reason for the delay is the regional difference of iron decomposition and insufficient understanding of iron chemistry.

Where to buy iron ores at market competitive price?


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