The purpose of pellet production was to increase the percentage of the iron content of the concentrate to about 70% for Direct Reduction, reducing energy and transportation costs.
The advantages of using Iron Pellet in Steel Production are proven to be:
Reduction of environmental pollution
Reduction in the amount of manufactured slag of molten iron production in a blast furnace or sponge iron melting in an EAF
Increasing the efficiency of blast furnace and different methods of reducing iron oxide with gas and their melting in EAFs
Easy storage in the open space for a long time without changing the properties and quality.
According to the international reports, global iron ore and pellet production are expected to grow slowly from 3.3 billion MT in 2018 to 3.4 billion MT by 2027, showing an average annual growth of 0.5% during 2018-2027 and a significant decline from average growth of 5F% during 2008-2017.
The global iron ore and Iron pellet market will remain well-supplied up until 2027, thanks to expanding output in Brazil and India, and to a slowdown in steel production in China, based on the global reports.
Gulf Sea Petroleum. is considered as a highly dynamic and professional company based in Oman active in Iron Ore Pellet business and enjoys long term business relations with the best companies in the global shipping. The company today works closely and regularly with one of the best and top Iron ore and iron pellet producers in the Middle East.
In Gulf Sea Petroleum, we are committed to supplying high-quality Iron Pellet at an extremely competitive price and in complete accordance with our customer’s requisitions.