Iron Business

Iron-56 is the second heaviest stable isotope produced by the alpha process in stellar nucleosynthesis, the heaviest being nickel-62; heavier elements require a supernova for their formation. Iron is the most abundant element in the core of red giants, and is the most abundant metal in iron meteorites and in the dense metal cores of planets such as Earth. The red color of the surface of Mars is thought to derive from an iron oxide-rich regolith.

Iron is the sixth most abundant element in the Universe, formed as the final act of nucleosynthesis, by silicon fusing in massive stars. While it makes up about 5% of the Earth's crust, the Earth's core is believed to consist largely of an iron-nickel alloy constituting 35% of the mass of the Earth as a whole. Iron is consequently the most abundant element on Earth, but only the fourth most abundant element in the Earth's crust. Most of the iron in the crust is found combined with oxygen as iron oxide minerals such as hematite and magnetite.

Iron is of most importance when mixed with certain other metals and with carbon to form steels. There are many types of steels, all with different properties; and an understanding of the properties of the allotropes of iron is key to the manufacture of good quality steels. Alpha iron, also known as ferrite, is the most stable form of iron at normal temperatures. It is a fairly soft metal that can dissolve only a small concentration of carbon (no more than 0.021% by mass at 910 °C). Above 912 °C and up to 1401 °C alpha iron undergoes a phase transition from body-centred cubic to the face-centred cubic configuration of gamma iron, also called austenite. This is similarly soft and metallic but can dissolve considerably more carbon (as much as 2.04% by mass at 1146 °C). This form of iron is used in the type of stainless steel used for making cutlery, and hospital and food-service equipment.

Alternatively pig iron may be made into steel (with up to about 2% carbon) or wrought iron (commercially pure iron). Various processes have been used for this, including finery forges, puddling furnaces, Bessemer converters, open hearth furnaces, basic oxygen furnaces, and electric arc furnaces. In all cases, the objective is to oxidize some or all of the carbon, together with other impurities. On the other hand, other metals may be added to make alloy steels.