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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. The iron ore produced by Vale can be found in houses, cars and appliances.
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Oregon Iron Works is Now Vigor. Founded in 1944, Oregon Iron Works (OIW) quickly became a pioneering force in the fabrication and manufacturing industries. In 2014, OIW merged with Vigor bringing with it a track record of success as a structural fabricator in the demanding hydroelectric, bridge and civil construction trades.
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Iron Ore (Fe) is mined in around 50 countries worldwide and used to make steel (buildings, cars, white goods etc.). Global economic growth is the primary factor that drives its supply and demand. When economies are growing, the need for steel in construction increases which drives the price up.
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