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Pakistan Steel is proud to have procured 719,985 MTN of local iron ore since 2008, till 31 st January 2013, which worth's more than Rs. 5.531billion. In this way Pakistan Steel has saved precious foreign exchange and created job opportunities for a large number of miners, besides playing its leading roll in the national economy by developing ...

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May 17, 2007· As he puts it the project is based on midrex technology and will require 1.92 million tons of iron ore with minimum of 66 per cent ferrous content annually to produce 1.28 million tons steel ...

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For example, the daily, weekly and monthly indices are listed because of the varied liquidity displayed by different parts of the market. Sinter fines and lumps make up the bulk of the seaborne iron ore market, and are the products most frequently traded on a spot basis, so daily pricing is used for the key 62% Fe, 58% Fe and 65% Fe fines, and lump premium references.

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According to the international standards,the Pakistan Steel requires 60-65 per cent quality contents of iron, but the Dilband iron ore contains 35 to 40 per cent purity.

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2 · However, its prices can also be affected by speculation, especially when new markets emerge than affect the demand or if the supply of the ores is disrupted in some way. Just recently, the price of iron ore jumped 19% in March 7, 2016. This is the highest one-day jump in the price history of the metal.

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Iron mill scale prices are currently being traded depending on the quality of the load in the range of 170 to 250,000 tomans per tonne. We determine iron mill scale prices by examining several cargo features. The first is the percentage of iron purity in the iron mill scale, the second is the ratio of oxide shell fines and grains compared to ...