SGT deals in the following minerals:
People have used iron for more than 5,000 years, and it is a very abundant
metal. Iron is used to make steel, which is used in engineering, manufacturing
and to construct buildings around the world. Iron ores are rocks and minerals
from which metallic iron can be economically extracted. The ores are usually
rich in iron oxides and vary in color from dark grey, bright yellow, deep
purple, to rusty red. Ores carrying very high quantities of hematite or
magnetite (greater than ~60% iron) are known as "natural ore" or "direct
shipping ore", meaning they can be fed directly into iron-making blast furnaces.
Iron ore is the raw material used to make pig iron, which is one of the main raw
materials to make steel. 98% of the mined iron ore is used to make steel.
Indeed, it has been argued that iron ore is "more integral to the global economy
than any other commodity, except perhaps oil". Mining iron ore is a high volume
but low margin business, as the value of iron is significantly lower than base
Open Pit Iron Ore Mine
Iron ore mining methods vary by the type of ore being mined. There are four main
types of iron ore deposits worked currently, depending on the mineralogy and
geology of the ore deposits. These are magnetite, titanomagnetite, massive
hematite and pisolitic ironstone deposits.
The major iron ore producing countries include China, Australia, Brazil, India,
Russia, Ukraine, South Africa, United States of America. Canada and Kazakhstan.
SGT source good quality iron ore directly from the mines of iron ore producing
countries and supplies to steel manufacturing companies in China, Japan, and
Korea. SGT is a leading supplier of Iron ore in Middle East with annual supply
of more than five million tons per year.
Chromite Ore is an iron chromium oxide. Chromite is the most important ore of
chromium from which it derives its name. Chromium is an important metal and has
a wide range of industrial uses. Chromite is the only ore of chromium, a metal
used to induce hardness, toughness and chemical resistance in steel. The alloy
produced is known as "stainless steel". When alloyed with iron and nickel it
produces an alloy known as "nichrome" which is resistant to high temperatures
and used to make heating units, ovens and other appliances. Thin coatings of
chromium alloys are used as platings on auto parts, appliances and other
products and given the name "chrome plated". Chromite is used as a refractory
material, because it has high heat stability. Other applications are in
pigments, leather processing, catalysts, surface treatments, and refractories.
Major producing countries include South Africa, India, Kazakhstan, Turkey,
Zimbabwe, Finland Brazil, and Middle East.
SGT directly sources good quality chromite from the mines and supplies to China,
Japan, Korea, CIS and other Asian countries.
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