Overview This page contains the latest trade data of Spongy iron lumps, pellets, etc > 99.94% pure. In 2023, Spongy iron lumps, pellets, etc > 99.94% pure were the world's 3088th most traded product, with a total trade of $390M. Between 2022 and 2023 the exports of Spongy iron lumps, pellets, etc > 99.94% pure decreased by -7.46%, from $421M to $390M. Trade in Spongy iron lumps, pellets, etc > 99.94% pure represent 0.0017% of total world trade.
Spongy iron lumps, pellets, etc > 99.94% pure are a part of Iron Reductions.
Exports In 2023 the top exporters of Spongy iron lumps, pellets, etc > 99.94% pure were United States ($241M), Libya ($39.7M), China ($32.1M), India ($17.4M), and Malaysia ($13M).
Imports In 2023 the top importers of Spongy iron lumps, pellets, etc > 99.94% pure were Mexico ($147M), Italy ($31.1M), Saudi Arabia ($28.7M), Turkey ($25.1M), and Brazil ($23.1M).
Ranking Spongy iron lumps, pellets, etc > 99.94% pure ranks 4228th in the Product Complexity Index (PCI).
Description Spongy iron is used for a variety of purposes. In the steel industry, spongy iron is used in the production of steel blooms, billets, and slabs. In the copper industry, spongy iron is used in the production of copper bars. In the aluminum industry, spongy iron is used in the production of aluminum ingots. In the glass industry, spongy iron is used in the production of glass rods. In the foundry industry, spongy iron is used in the production of sand cores.