Iron ores and concentrates; agglomerated (excluding roasted iron pyrites)

HS code 260112 covers iron ores and concentrates that have been agglomerated, excluding roasted iron pyrites. This industry is a crucial component of the global steel production supply chain, providing the raw materials necessary for the manufacture of a wide range of steel products. Iron ore is an essential resource, and the efficient extraction and processing of these ores is vital to the continued growth and development of the international economy.

The production of iron ore concentrates covered under HS code 260112 typically involves a multi-stage process. First, iron ore is extracted from mines or other deposits using heavy machinery and equipment. The raw ore is then crushed, ground, and beneficiated to remove impurities and increase the iron content. Finally, the concentrated iron ore is agglomerated, often through processes like pelletizing or sintering, to produce a more uniform and higher-quality product suitable for use in steelmaking.

The main inputs required for the production of iron ore concentrates under HS code 260112 include the raw iron ore deposits, as well as various machinery and equipment for mining, crushing, grinding, and agglomeration. Energy sources, such as electricity or fuel, are also necessary to power the production facilities. Additionally, water and other processing chemicals may be used in the beneficiation and agglomeration stages.

The primary output of the industry covered by HS code 260112 is agglomerated iron ore concentrates, which are then consumed by the 720110 Pig iron and 720310 Ferrous products obtained by direct reduction of iron ore industries for the production of various steel products. These iron ore concentrates may also be used in the manufacture of 260120 Iron ores and concentrates; non-agglomerated, which are further processed for use in steelmaking.