The price of pellets depends on various factors, including the cost of industrial equipment and their maintenance and repairs. Since the production of pellets has different stages and requires special equipment, the price of pellets depends on each of these types of technologies. Iron pellets are made in a three-step process. First, the process of preparing and combining the iron pellet materials is done, and then the raw iron pellet is formed and then heated in furnaces. The price of iron pellets is affected by the cost of energy used in furnaces, as well as the price of grinding equipment and the combination of raw materials. As much as the production industry suffers or the cost of extraction increases, the daily price of pellets will also increase.
Among the pellet production systems, we can mention pellet-making disk and pellet-making machine. The price of pellets depends on the quality of production and transportation. Iron pellets are purchased for industrial purposes. The transfer of pellets from production centers to consumption centers is very sensitive. Pellets must reach their destination without losing quality. After buying the pellets, during transportation to the consumption centers, the pellets may experience many tensions and physical contacts. These things may eventually cause the iron pellet to disintegrate. Pellets must have good resistance so that they can maintain and not break during transportation. Therefore, before buying iron pellets, transportation infrastructure should be provided well. Proper transportation has an effect on the price of iron pellets. The price of pellets also depends on the quality of production. Production pellets have different qualities.
Usually, the best pellets have a porous appearance and uniform holes. Buying uniform pellets is more favorable for industries. The price of pellets varies according to the quality of iron pellets. The price of pellets used for hydrometallurgy process is different from the price of iron pellets used for blast furnaces. The daily price of iron pellets can be obtained according to any quality from production centers. The price of pellets is calculated based on the quality of iron pellets. An important point in buying iron pellets is the quality of iron ore. If the iron ore used has high purity and magnetism, the pellet produced will be of high quality. The daily price of iron pellets is calculated based on the quality of iron pellets in production centers.