Glossary
Blast Furnace
Steel
The blast furnace is crucial for steelworks using iron ore as their principal raw material. The furnaces are tall and shaft-like structures which extract iron from ore in a continuous thermal process that produces molten iron (pig iron) for conversion into steel in a basic oxygen furnace. Iron ore, coke and limestone are the main inputs and are charged to the top of the blast furnace.
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Very good overview of the weekly steel market.
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