Blast furnace based raw metallic (no longer ore/now-reduced) iron costs currently around 30~40 ct/kg in international trade. Iron ore of nominal 62% purity runs

Blast furnace based raw metallic (no longer ore/now-reduced) iron costs currently around 30~40 ct/kg in international trade. Iron ore of nominal 62% purity runs at a surprisingly even 10 ct/kg[ore], thus contributing about 16 ct/kg[metal] to the metal output price.