Physical commodity
Iron Ore
Fe
Iron
The primary raw material for iron and steel production.
General market context
General industry context, for reference. Apex-provided specifications, where available, appear separately on this page.
About iron ore.
Iron ore is rock and mineral material from which metallic iron can be economically extracted. The most common iron-bearing minerals are hematite and magnetite. Ore is typically traded by product type and iron content, with limits on impurities that affect processing.
Common traded forms
- Fines
- Lump
- Pellets
- Concentrate
Typical uses
- Steelmaking via the blast furnace route
- Direct reduced iron (DRI) production
- Pellet production for ironmaking
Specification parameters
What a specification typically covers.
Parameters commonly referenced when this commodity is specified. Actual requirements are set by the buyer and supplier.
- 01Iron (Fe) content
- 02Silica (SiO₂)
- 03Alumina (Al₂O₃)
- 04Phosphorus (P)
- 05Sulphur (S)
- 06Moisture
- 07Size distribution
Apex's role
Brokerage, not principal trading.
Apex connects genuine commodity supply with genuine buyer demand. The buyer and supplier contract directly on their own terms, while Apex verifies, qualifies and coordinates the process for an agreed brokerage commission.
Engage with Apex
What to include in your enquiry.
Buyers
Submit a commodity requirement with:
- Commodity
- Specification
- Quantity
- Destination
- Price basis
- Payment information
Suppliers
Provide the following for initial review:
- Company
- Commodity
- Quantity
- Origin
- Specifications
- Export-capability information
Questions
Common questions.
What is Apex's role in a commodity transaction?
Apex is the broker: it sources and verifies supply, qualifies demand, conducts due diligence and coordinates the introduction. Buyer and supplier contract directly.
Does Apex verify suppliers and buyers?
Apex conducts qualification and due-diligence processes appropriate to the proposed introduction before facilitating the connection.
Can I submit a commodity requirement?
Yes. Buyers can submit commodity, specification, quantity, destination, price basis and payment information through the enquiry system.
Can suppliers approach Apex?
Yes. Suppliers can provide company, commodity, quantity, origin, specifications and export-capability information for initial review.
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