extraction of the ore and its subsequent concentration and further beneficiation into a saleable product defined by industry standards. Figure 1 shows the prices of iron ore, pig iron and semifinished flat steel products during the second quarter of The transformation of iron ore to pig iron involves a value adding of around US280/ton.
· Primetals Technologies and NewFer have signed a cooperation agreement in April 2021 for the joint development and implementation of iron ore pelletising and beneficiation plants. The cooperation with NewFer strengthens Primetals' worldwide offering for travelling grate iron ore pelletising plants. Cooperation