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Note the steel mill below, with its blast furnaces, and the raw materials for them: piles of iron ore pellets being offloaded from the ore freighter, AND piles of crushed limestone to be used for flux. Source: Photograph by Randy Schaetzl, Professor of Geography Michigan State University
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During the last ten years great strides have been made, on the Mesabi range, in the practice of beneficiating low grade iron ore material. By beneficiation is meant all methods of removing impurities, and raising the iron content to a point where it can be sold in open market, the principal impurities being silica and moisture.
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Global iron ore pellet prices on FoB and CNF basis with pellets premium and imported price from china is updated here. Besides, pellet export offers to Indian market can also be obtained.