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Corex enables the costefficient and environmentally friendly production of hot metal from iron ore and coal. In the Corex process, all metallurgical work is carried out in two separate process reactors – the reduction shaft and the melter gasifier.
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Iron Ore (Fe) is mined in around 50 countries worldwide and used to make steel (buildings, cars, white goods etc.). Global economic growth is the primary factor that drives its supply and demand. When economies are growing, the need for steel in construction increases which drives the price up.
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