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Sponge Iron is a high quality metallic product produced from Iron Ore, Pallets etc. as a feedback, Electric Arc and Induction furnaces, and other Iron and Steel making processes. Sponge Iron can be used in steel units where DRI reduction unit is a situated at the site of steel making plant.
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By 2008 raw materials such as Iron ore prices grew and China had to reluctantly agree to price increases by the three largest iron ore producers in the world; BHP Billiton, Rio Tinto and Vale. During the Global financial crisis the Chinese steel mills won price
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Cast iron is made from pig iron, which is the product of smelting iron ore in a blast furnace.Cast iron can be made directly from the molten pig iron or by re-melting pig iron, often along with substantial quantities of iron, steel, limestone, carbon (coke) and taking various steps to …
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"This is the country's third sponge iron project using the domestic Iranian DR technology, PERED," Karbasian said, adding it had been built with 65 percent partnership of the Ghadir Investment Group against 35 percent by IMIDRO. Officials tour Neyriz Steel …
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Producing sponge iron and then working it was the earliest method used to obtain iron in the Middle East, Egypt, and Europe, where it remained in use until at least the 16th century. There is some evidence that the bloomery method was also used in China, but China had developed blast furnaces to obtain pig iron by 500 BCE.
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