During the extraction of iron, the reduction of iron oxides takes place in the blast furnace. In this process, hot air is blown from the bottom of the furnace and coke is burnt to raise the temperature up to 2200 K in the lower portion itself. The temperature is lower in the upper part. Thus, it is the lower part where the reduction of iron oxides (Fe₂O₃ and Fe₃O₄) takes place.

The reactions taking place in the lower temperature range (500 - 800 K) in the blast furnace are:

3Fe₂O₃ + CO → 2Fe₃O₄ + CO₂