In a basic oxygen furnace, molten iron ore is the principal raw material and is mixed with varying quantities of steel scrap and alloys to produce different grades of steel. In an electric arc furnace, recycled steel scrap is melted directly into new steel.
Ukraine has a large supply of many valuable mineral and raw material resources. Ukraine contains around 5% of the world's mineral mineral resources in Ukraine include iron ore, coal, manganese, uranium ore, natural gas, oil, salt, sulfur, graphite, titanium, magnesium, kaolin, nickel, mercury, etc.
Vale is the world's biggest producer of iron ore and pellets, raw materials essential to the manufacture of steel. Iron ore is found in nature in the form of rocks, mixed with other elements. By means of various industrial processes incorporating cuttingedge technology, iron ore is processed and then sold to steel companies.