88 IRON ORE1 Amazon Web Services
iron ore production was estimated to have increased in 2018 owing to increased steelmillcapacity utilization and higher steel demand. Raw steel production increased to million tons in 2018 from million tons in 2017. The share of steel produced by basic oxygen furnaces, the process that uses iron ore, continued to decline from % in 2014 to 33% in 2018 owing to increased use ...