In 2023–2024, Australia, Brazil, and India were the leading exporters of iron (CAS 7439-89-6), collectively accounting for over 60% of global iron ore exports, while China remained the dominant importer—absorbing nearly two-thirds of total seaborne iron trade. Major importing regions also included the European Union and Japan, though their shares declined modestly amid reduced steel production. Iron prices exhibited heightened volatility in 2023–2024, driven by supply constraints from key exporters and shifting demand from Chinese infrastructure stimulus and EU green steel transition policies.
Iron is a lustrous, silvery-gray metallic solid at room temperature, non-volatile, with a melting point of 1538 °C and a boiling point of 2862 °C. It is a transition metal and the most abundant element (by mass) in Earth’s core, occurring naturally in various oxidation states. Industrially, elemental iron serves primarily as the base material for steel and cast iron production, forming the foundation of structural alloys used in construction, transportation, and machinery. It is also employed as a catalyst in ammonia synthesis (Haber process) and in powder metallurgy, while iron compounds—such as iron oxides and salts—are widely utilized in pigments, magnetic materials, water treatment, and as precursors in pharmaceutical and agrochemical manufacturing.
Industrial uses of iron as carbon steels are numerous and surpass any 410 IRONother alloys. Carbon steels are alloys of iron containing carbon in varying proportions, usually up to 1.7% carbon. Other metals also are incorporated into carbon steels to produce low-alloy steels. Such metals are usually nickel and chromium and are classified as stainless steel, tool steels, and heat-resistant steels. Non-steel iron alloys such as cast iron, wrought iron, nickel iron and silicon iron also have many important applications. Another important application of iron is as an industrial catalyst. It is used in catalyst compositions in the Haber process for synthesis of ammonia, and in Fischer-Tropsch process for producing synthetic gasoline.The followings are some examples of common applications:pharmaceuticals, pesticides, powder metallurgy and so on;as a hot hydrogen generator, gel propellant, combustion activator, catalyst, water cleaning adsorbent, sintered active agent, etc;used for powder metallurgy products, all kinds of mechanical parts and components products, cemented carbide products, etc;as a reducing agent as well as being used for iron salt manufacturing and electronics industry;as nutritional supplements (iron fortifier),for casting,or as reducing agent;in the electronics industry, powder metallurgy.
Iron is the fourth most abundant element in the earth’s crust (5%). It is a transition metal and is placed within the d-block of the periodic table and naturally occurs coordinated with other elements. It is mainly extracted from hematite (Fe2O3) and limonite (Fe2O3·3H2O), although other ores, such as magnetite (Fe3O4), siderite (FeCO3), and taconite (an iron silicate), are also the key sources. Iron is used principally for structural materials, primarily steel, an iron carbon alloy. It is also used in magnets, dyes, pigments, abrasives, and polishing compounds (e.g., jeweler’s rouge).
This chemical is included in Basic Chemicals. See more about what is Iron and Iron SDS information.
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