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Iron ore - Wikipedia

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".

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Corporate concentration in the iron ore industry increased again in 2015, with the ten biggest producers accounting for almost 62% of total production. The “Big 3” iron ore

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The price of iron ore reached a record high during this decade in 2011, when the average price was 168 U.S. dollars. In 2017, iron ore prices was about 72 U.S. dollars per dry metric ton unit.

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List of countries by iron ore production - Wikipedia

This is a list of countries by iron ore production based on U.S. Geological Survey data. The mine production estimates for China are estimated from the National Bureau of Statistics China's crude ore statistics, rather than usable ore as reported for the other countries.