Steel rose to 3,110 CNY/T on July 17, 2025, up 0.81% from the previous day. Over the past month, Steel's price has risen 5.32%, but it is still 4.51% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Steel - values, historical data, forecasts and news - updated on July of 2025.

In 2024, iron ore was worth an average of approximately *** U.S. dollars per dry metric ton unit (dmtu), compared to only ** U.S. dollars per dmtu in 2000. The month with the highest average iron ore price in 2021 was June, at over *** U.S. dollars per dmtu. Iron ore: market context and price fluctuation Iron ore is composed of minerals and rocks from which metallic iron can be extracted. Iron ore is an important part of the world economy, as a large proportion of iron ore is used to make steel, which is a widely used material globally. In a given year, the monthly price of iron ore varies noticeably, ranging for example from a high of ****** U.S. dollars per dmtu in June 2021 down to a low of ***** U.S. dollars per dmtu in November 2021. Major iron ore producing nations Australia has the world's largest iron ore reserves, at ** billion metric tons of crude iron ore and is also the world's largest producer of iron ore. Not surprisingly, China, the world's leading steel manufacturer, is also the world's leading importer of iron. In recent years, China's iron imports have increased significantly, from ****** million metric tons in 2004, to over *** billion metric tons in 2018.

Cold-Rolled Steel Products Price in Australia - 2023. Find the latest marketing data on the IndexBox platform.

HRC Steel fell to 873.06 USD/T on July 18, 2025, down 0.22% from the previous day. Over the past month, HRC Steel's price has fallen 3.64%, but it is still 32.48% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for HRC Steel.

Stainless Steel Angle Price in Australia - 2023. Find the latest marketing data on the IndexBox platform.

In May 2024, iron ore was valued at approximately *** U.S. dollars per dry metric ton unit (dmtu), as compared to *** U.S. dollars per dmtu in the same month of the previous year. Iron ore prices and production Iron ore refers to the minerals and rocks from which metallic iron is economically viable to extract. Pig iron, which is one of the raw materials used in steel production, is derived from iron ore. The price of iron ore has fluctuated a great deal over the last twenty years. In 2003, one dmtu of iron ore cost ** U.S. dollars, and increased to a high of *** U.S. dollars per dmtu in 2011. The price saw dramatic drops in the past decade, from ****** U.S. dollars per dry metric ton unit in March 2013 to ***** U.S. dollars per dmtu in December 2015. Since then, the price has increased gradually to ****** U.S. dollars per dmtu as of July 2021, before dropping sharply in August 2021. Iron ore producers Overall, the global production of iron ore did not decrease when the prices dropped. In fact, an increase in production among several of the world's largest iron ore producing countries was observed in the past five years. Australia produced *** million metric tons of iron ore in 2023. China is also among the world's largest iron ore producers, though its production is calculated differently than in other countries. Based primarily on the production of raw ore rather than usable ore, China produced an estimated *** million metric tons in 2023.

Iron Ore rose to 97.18 USD/T on July 17, 2025, up 0.12% from the previous day. Over the past month, Iron Ore's price has risen 2.61%, but it is still 10.62% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Iron Ore - values, historical data, forecasts and news - updated on July of 2025.

The average pig iron export price stood at $77,094 per ton in September 2024, falling by -24.9% against the previous month.

This statistic depicts the average annual prices for iron ore from 2014 through 2023, with forecasted figures for 2024 to 2026. In 2023, the average price for iron ore stood at 120.6 nominal U.S. dollars per dry metric ton.

In 2023, imports of concrete reinforcing bars into Australia skyrocketed to 279K tons, with an increase of 22% on 2022 figures.

Aluminum rose to 2,598.30 USD/T on July 18, 2025, up 0.39% from the previous day. Over the past month, Aluminum's price has risen 2.81%, and is up 10.50% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Aluminum - values, historical data, forecasts and news - updated on July of 2025.

In the third quarter of 2024 (Q3 2024), the Australian coking coal price was *** U.S. dollars per metric ton, down from *** U.S. dollars per metric ton in the previous quarter. Coking coal, also known as metallurgical coal, is a low-ash, low-sulfur, low-phosphorus coal that is used to produce coke, which is the main source of carbon used to make steel.

Iron ore miners have faced difficult trading conditions because of easing iron ore prices over the past few years, despite the nation maintaining its status as the world's largest iron ore supplier and benefiting from proximity to Asian markets. However, modest growth in production volumes has partly offset revenue declines. Industry revenue is expected to have sunk at an annualised 1.7% over the five years through 2024-25, to $131.5 billion. Easing iron ore prices, driven primarily by a slowdown in China's construction sector and soaring supply, are weighing on iron ore miners' revenue and export values. Despite an economic stimulus from the Chinese government aimed at its property sector, iron ore prices are poised to remain low throughout 2024-25, prompting an anticipated revenue slump of 18.0% over the year. Iron ore prices remained volatile in the first half of 2025, with sweeping US tariffs initially weakening market sentiment and pushing prices down. The following scaling back of these tariffs helped fuel a partial recovery in iron ore prices. The industry’s profitability has eroded over recent years – including an expected drop in 2024-25 – because of lower prices and soaring input costs. Australia's domestic iron ore production has grown from 911.1 million tonnes in 2019-20 to an estimated 968.7 million tonnes in 2024-25. Expansion plans and investments by prominent producers like BHP, Rio Tinto and Fortescue in projects like the South Flank, Gudai-Darri and Iron Bridge operations have fuelled this growth. Rising input expenses, attributable to inflation and labour shortages, along with weak iron ore prices, are forcing producers to undertake aggressive cost-slashing measures, prompting market leaders to undertake job cuts and maintain lean operations. Operating at a lower end of the cost curve will be crucial for Australian iron ore miners to ride out market volatility over the coming years. While Australia is on track to ramp up production to over 1.0 billion tonnes by 2026-27, iron ore prices are projected to fall over the five years through 2029-30 because of surging supply from producers in Australia and Brazil and new mines like the Simandou project. Iron ore miners' revenue is forecast to contract at an annualised 3.9% over the five years through 2029-30, to $107.8 billion. Major companies are set to continue dominating the iron ore mining sector due to several expansion projects. The industry focus will likely shift towards emerging opportunities in the green iron and steel market, spurred by initiatives like the $1.0 billion Green Iron Investment Fund.

The Australian hard coking coal price is an essential indicator for the global steel and coal industries. This article discusses the factors influencing the price, its historical volatility, and its current status. The price is quoted in US dollars per metric tonne and is important for investors, steel producers, and other stakeholders in assessing profitability and market dynamics.

Coal rose to 110.50 USD/T on July 17, 2025, up 0.45% from the previous day. Over the past month, Coal's price has risen 3.56%, but it is still 18.15% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Coal - values, historical data, forecasts and news - updated on July of 2025.

Copper rose to 5.57 USD/Lbs on July 18, 2025, up 1.80% from the previous day. Over the past month, Copper's price has risen 15.92%, and is up 31.52% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Copper - values, historical data, forecasts and news - updated on July of 2025.

Nickel fell to 15,065.25 USD/T on July 18, 2025, down 0.10% from the previous day. Over the past month, Nickel's price has risen 0.17%, but it is still 7.33% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Nickel - values, historical data, forecasts and news - updated on July of 2025.

In 2024, the value of iron ore exported from Australia to China amounted to around *** billion Australian dollars. China was by far the leading export destination for Australian iron ore in terms of value this year. Iron ore industry in Australia At around *** million metric tons in 2023, production of iron ore in Australia has steadily increased over the years, with production primarily located in Western Australia. The gross value added (GVA) by the iron ore mining industry grew from around ***billion Australian dollars in 2015 to more than ***billion Australian dollars by 2024. Today, Australia plays a critical role in the global iron ore supply chain, with a significant portion of its iron ore exported for overseas consumption. Commodity exports from Australia Iron ore was the leading resource and energy commodity exported from Australia. Sources revealed that the value of iron ore exported from Australia amounted to *** billion Australian dollars in 2024, with LNG and coal trailing behind. On a global scale, Australia was the leading iron ore exporting country, accounting for around half of worldwide shipments.

Tin fell to 32,799 USD/T on July 16, 2025, down 1.54% from the previous day. Over the past month, Tin's price has risen 1.65%, but it is still 0.46% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Tin - values, historical data, forecasts and news - updated on July of 2025.