Iron Ore Pellet Market: Steel Production Demand, Trade Dynamics,...

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2025-12-08 18:59:50 -

Iron Ore Pellet Market: Steel Production Demand, Trade Dynamics, and Direct Reduction vs. Blast Furnace Technology

Executive Summary: The Global Iron Ore Pellet Market is experiencing stable growth with a revolutionary change in demand composition. Iron ore pellets—small, high-iron-content agglomerates—are crucial feedstock for steelmaking. The market is primarily driven by expanding global steel production and, more significantly, the steel industry's shift toward low-carbon and cleaner...

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