Overview This page contains the latest trade data of Spongy iron lumps, pellets, etc > 99.94% pure. In 2022, Spongy iron lumps, pellets, etc > 99.94% pure were the world's 3279th most traded product, with a total trade of $345M. Between 2021 and 2022 the exports of Spongy iron lumps, pellets, etc > 99.94% pure decreased by -36.1%, from $541M to $345M. Trade in Spongy iron lumps, pellets, etc > 99.94% pure represent 0.0015% of total world trade.
Spongy iron lumps, pellets, etc > 99.94% pure are a part of Iron Reductions.
Exports In 2022 the top exporters of Spongy iron lumps, pellets, etc > 99.94% pure were United States ($166M), China ($34.6M), Russia ($34.4M), Venezuela ($26.9M), and France ($18.3M).
Imports In 2022 the top importers of Spongy iron lumps, pellets, etc > 99.94% pure were Mexico ($123M), Turkey ($61.6M), Netherlands ($37.8M), South Korea ($12.2M), and Pakistan ($11.6M).
Ranking Spongy iron lumps, pellets, etc > 99.94% pure ranks 4332nd 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.