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How iron ore is powering China’s infrastructure boom, and why securing new sources is so vitally important

Summary:
[unable to retrieve full-text content]What is iron ore?Iron ore is mined raw material used to make crude iron, also known as pig iron, and nearly all of it is used to make steel.Roughly 1.5 tonnes of iron ore are required to produce one tonne of steel.The higher the iron content in the ore, the higher it is graded and the more valuable it becomes.Why does China need iron ore?China consumes more iron ore than any other nation, as it is by far the world’s largest steel producer, with its output greater than all other steelmaking…

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[unable to retrieve full-text content]
What is iron ore?Iron ore is mined raw material used to make crude iron, also known as pig iron, and nearly all of it is used to make steel.Roughly 1.5 tonnes of iron ore are required to produce one tonne of steel.The higher the iron content in the ore, the higher it is graded and the more valuable it becomes.Why does China need iron ore?China consumes more iron ore than any other nation, as it is by far the world’s largest steel producer, with its output greater than all other steelmaking…

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