Fairfield Market Research

Predominantly consumed by steelmaking industry, iron ore pellets continue to witness remarkable demand to represent a stable multibillion-dollar market. A new study of Fairfield Market Research suggests that global iron ore pellets market will remain upbeat with the sustained stainless-steel consumption across industries worldwide. Their superior capabilities over lumps or sinter in terms of functional outcome are likely to drive market throughout the forecast period 2021 – 2025. Continued steel consumption within automotive industry, and ascending demand from building and construction industry will collectively contribute notably to revenue generation in iron ore pellets market.