Iron ores and concentrates; non-agglomerated

HS code 260111 covers the classification of non-agglomerated iron ores and concentrates. This industry is a critical component of the global steel production supply chain, providing the essential raw material for the manufacture of various steel products. Iron ore is a vital resource, with its demand closely tied to the performance and growth of the construction, automotive, and infrastructure sectors worldwide.

The production of non-agglomerated iron ore typically involves mining, crushing, and beneficiation processes. Iron ore is extracted from open-pit or underground mines, then crushed and ground to liberate the iron-bearing minerals. Beneficiation techniques, such as magnetic separation or flotation, are used to concentrate the iron content and remove impurities, resulting in a higher-grade iron ore product.

The main inputs required for the production of non-agglomerated iron ore include heavy mining equipment, such as excavators and haul trucks, as well as crushing and processing machinery. Energy sources, such as diesel fuel and electricity, are also essential for powering the mining and beneficiation operations. Additionally, the industry relies on a skilled workforce, including geologists, mining engineers, and plant operators.

The primary output of HS code 260111 is non-agglomerated iron ore, which is then consumed by the steel industry 720110 Iron and non-alloy steel in ingots or other primary forms and other downstream industries that require iron as a raw material. The concentrated iron ore may also be further processed into pellets or sinter, which are then used in the production of 720710 Semi-finished products of iron or non-alloy steel.