Iron Ore

Listing ID #4058644

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Supply Type Manufacturer, Exporter, Supplier

Preferred Buyer From : All over the world

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Product Details

Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores vary in color from dark grey, bright yellow, deep purple, to rusty red. The iron is usually found in the form of magnetite (Fe3O4, 72.4% Fe) and hematite (Fe2O3, 69.9% Fe). It is available in the form of Lumps , Pellets and Fines.

Elan InterTrade has strong sources for high grade Lumps and Pellets and has long relationship and strong presence in Indian market. We source high grade Lump Ores from South Africa for import to India for use by DRI industry and involved in trade and distribution of about 0.6 million tons in short period of operations to date.

Company Details

Elan InterTrade based out of Mumbai, India is one of the leading start-ups specifically in the international trade / procurement of Iron ore, DRI/HBI, Scrap, Ferro Alloys, Coal,Pig Iron, Bitumen, Medical Equipments etc. We also provide research and representation services for/on behalf of our customers. Our team brings with us more than 20 yrs. of industry experience along with extensive ties to associations like Sponge Iron Manufacturers’ Association (SIMA), FICCI etc.
The Indian steel industry is witnessing a huge demand via the various infrastructure/smart cities' schemes under the initiatives of the current government. From producing 90 million tons of steel in 2015, India is looking to scale up to 200 million tons by 2020 to meet these growing demands. To scale upto those levels the steel raw material industry is experiencing a high exponential growth at CAGR of 18-20%. We want to be a big part of this growth and look forward to working with our global business partners to fulfill the procurement needs of our steel customers.
Recently we have also diversified our business to get involved in the trading of bitumen which is a key component for road construction. We have procured reputed global sources of bitumen for businesses involved in roadway construction.
Lastly we are also foraying into the Healthcare market realizing the huge underlying potential. We are looking to procure medical equipments’ for our Indian Healthcare providers to meet their ever-increasing demand of quality patient care.