Iron ore

High-grade iron ore and the future of greener steelmaking

Iron ore is one of the most important steelmaking ingredients used by steelmakers across the globe. With the growing importance of green steel production driving the steel market to decarbonize, demand for low-carbon steelmaking materials is evolving quickly to favor higher grades like the 65% iron ore.

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China is working toward decarbonizing its steel industry – which accounts for around 15% of total emissions from the Chinese manufacturing sector. But several market participants believe that the road to decarbonization will be a long one
The United States Department of Energy (DOE) plans to help finance the advancement of a range of decarbonization technologies that can shrink the carbon footprint of key industries including iron and steel, it said on Thursday June 30
German steelmaker Thyssenkrupp aims to achieve zero carbon dioxide emissions by 2045, Fastmarkets heard during a visit to its steel mill in Duisburg during the International Iron Ore conference on Thursday June 9
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