Iron Ore

Children's Literature - Jean Boreen

After defining what a world commodity is, this text takes a broad-based look at some of the most important world commodities. Each text in the "World Commodities" series then goes into a more focused consideration on its particular commodity. This text, with its focus on iron ore, provides an easy to read yet detailed explanation of the history of the use of iron ore in the world (including how it is found and where it is used), how it is mined and smelted, and how it is traded. The last allows the authors to go into more detail about benchmarking and spot markets where negotiations and the setting of prices is undertaken. Sections about codes of practice and international politics discuss how the iron ore market is controlled and who the big players are in the industry. Final sections focus upon environmental and social issues arising from the destruction of the landscape, air pollution, and waterway mishaps and their impact on communities through particular regions; a sustainability section also offers interesting insights into the future of the industry. Photos and graphics throughout support the text. This is a solid book and series for students looking for strong research materials and ideas for further study. Reviewer: Jean Boreen, Ph.D.