Ores with high quantities of hematite or magnetite (more than about 60% iron) are known as "natural ore" or "direct shipping ore". They can be fed directly into iron-making blast furnaces.
Iron (Fe) is one of the most abundant rock-forming elements. It makes up about 5% of the Earth's crust. It is the second most abundant and widely distributed metal (Aluminium is the most common). People have used it for more than 3,000 years. However, its use only became widespread in the 14th century, when smeltingfurnaces (the forerunner of blast furnaces) began to replace forges.
Iron is made in the runaway fusion and explosion of type Ia supernovae.[2][3] It was picked up as the Sun moved through areas where supernovae had exploded. All higher elements on Earth have this origin.
Iron is abundant on the ancient continents, but not so on island chains formed by volcanoes (Japan, Hawaii). That reflects the difference between the continental crust (which has many rare and common elements), and the island chains formed by volcanism (oceanic islands). They have basalt, and very little else. Islands which were once part of a supercontinent usually carry heavy element ore. The classic example is the British Isles, which are a snapped-off part of the large ancient continent, the Old Red Sandstone Continent (Larussia). Consequently, the British Isles has a very wide range of metallic ores, whereas Hawaii and the Japanese archopelago do not.