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Scrapping with iron ore prices

Iron ore's less sexy rival is not about to put a bottom under raw materials pricing

Daniel Gleeson
Steel’s recyclability could be iron ore’s downfall (photo: IFCAR)

Steel’s recyclability could be iron ore’s downfall (photo: IFCAR)

Both iron ore and steel scrap are components of the steel-making process. To make steel via blast furnace (BF) – the way 70% is produced – both iron ore and metallurgical coke (from coking coal) are needed....

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