Iron Ore traded flat at 105.55 USD/T on October 23, 2025. Over the past month, Iron Ore's price has risen 0.01%, and is up 1.10% compared to the same time last year, 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 October of 2025.

Explore the dynamics of iron ore price futures, their role in the global steel production industry, and the key factors influencing prices, including demand from China, global economic trends, currency fluctuations, and environmental regulations.

Iron Ore 62% fe stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

China Settlement Price: Dalian Commodity Exchange: Iron Ore: 1st Month data was reported at 790.000 RMB/Ton in Apr 2025. This records a decrease from the previous number of 808.500 RMB/Ton for Mar 2025. China Settlement Price: Dalian Commodity Exchange: Iron Ore: 1st Month data is updated monthly, averaging 720.000 RMB/Ton from Oct 2013 (Median) to Apr 2025, with 139 observations. The data reached an all-time high of 1,346.000 RMB/Ton in Jul 2021 and a record low of 329.500 RMB/Ton in Feb 2016. China Settlement Price: Dalian Commodity Exchange: Iron Ore: 1st Month data remains active status in CEIC and is reported by Dalian Commodity Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Dalian Commodity Exchange: Commodity Futures: Settlement Price.

Graph and download economic data for Global price of Iron Ore (PIORECRUSDM) from Jan 1990 to Jun 2025 about ore, iron, World, and price.

Intraday 1 minute sample data for TSI Iron Ore CFR China 62% FEF timestamped in Chicago time

China Settlement Price: Dalian Commodity Exchange: Iron Ore: 4th Month data was reported at 734.500 RMB/Ton in Apr 2025. This records a decrease from the previous number of 770.500 RMB/Ton for Mar 2025. China Settlement Price: Dalian Commodity Exchange: Iron Ore: 4th Month data is updated monthly, averaging 699.000 RMB/Ton from Oct 2013 (Median) to Apr 2025, with 139 observations. The data reached an all-time high of 1,178.000 RMB/Ton in Apr 2021 and a record low of 324.000 RMB/Ton in Jan 2016. China Settlement Price: Dalian Commodity Exchange: Iron Ore: 4th Month data remains active status in CEIC and is reported by Dalian Commodity Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Dalian Commodity Exchange: Commodity Futures: Settlement Price.

Iron ore futures saw slight growth thanks to China's stimulus but faced weekly declines due to weaker steel demand. Explore China's iron ore trade profile and market outlook.

Download TSI Iron Ore (SGX) (SCO1 Comdty) historical futures data — Daily — from 2013-Apr-08 to 2025-Jul-16

Tick (trades only) sample data for TSI Iron Ore CFR China 62% FEF timestamped in Chicago time

Iron Ore CNY traded flat at 774.50 CNY/T on October 23, 2025. Over the past month, Iron Ore CNY's price has fallen 3.61%, but it is still 1.18% 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 Iron Ore CNY.

This statistic depicts the average annual prices for iron ore from 2014 through 2024, with forecasted figures for 2024 to 2026. In 2024, the average price for iron ore stood at 109.4 nominal U.S. dollars per dry metric ton.

Explore the dynamics of the iron ore market and its indirect link to the London Metal Exchange (LME). Understand how key platforms like SGX and DCE facilitate trading and price discovery in iron ore futures, while major players like Rio Tinto and China navigate risks in this crucial commodity sector.

China Open Position: Dalian Commodity Exchange: Iron Ore data was reported at 974.787 Lot th in Apr 2025. This records an increase from the previous number of 948.819 Lot th for Mar 2025. China Open Position: Dalian Commodity Exchange: Iron Ore data is updated monthly, averaging 1,150.728 Lot th from Oct 2013 (Median) to Apr 2025, with 139 observations. The data reached an all-time high of 2,683.430 Lot th in Oct 2017 and a record low of 98.254 Lot th in Oct 2013. China Open Position: Dalian Commodity Exchange: Iron Ore data remains active status in CEIC and is reported by Dalian Commodity Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Dalian Commodity Exchange: Commodity Futures: Open Position.

Iron Ore stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

Explore the significance of the Dalian Commodity Exchange in China's iron ore futures market, its impact on global iron ore pricing, and how it provides a platform for risk management and market insights.

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Iron Ore Market Size 2025-2029

The iron ore market size is valued to increase USD 60.9 billion, at a CAGR of 3.3% from 2024 to 2029. Upsurge in the consumption of high-strength iron ore and steel will drive the iron ore market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 89% growth during the forecast period.
By Product - Fines segment was valued at USD 165.60 billion in 2023
By Source - Surface mining segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 29.20 billion
Market Future Opportunities: USD 60.90 billion
CAGR from 2024 to 2029 : 3.3%

Market Summary

Amidst the global economic recovery, the market experiences a significant surge in demand, driven primarily by the consumption of high-strength iron ore in the production of steel. This trend is particularly pronounced in emerging economies like China and India, where economic growth continues to fuel the demand for stainless steel. The market, a high capital investment sector, is expected to maintain its momentum, with industry analysts projecting a value of USD 150 billion by 2025. Despite challenges such as environmental concerns and supply chain disruptions, the market's resilience is evident, underpinned by the indispensable role of iron ore in infrastructure development and industrial growth.
The market's evolution reflects the interconnectedness of global economies and the ongoing quest for sustainable, high-performance materials.

What will be the Size of the Iron Ore Market during the forecast period?

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How is the Iron Ore Market Segmented ?

The iron ore industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Fines
  Pellets
  Lump
  HBI/DRI


Source

  Surface mining
  Underground mining


End-use

  Steel Manufacturers
  Construction Industry
  Automotive Industry


Application

  Steelmaking
  Construction
  Automotive
  Others
  Non-Steel Applications


Production Process

  Blast Furnace (BF)
  Direct Reduced Iron (DRI)


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Product Insights

The fines segment is estimated to witness significant growth during the forecast period.

In the dynamic and complex realm of the market, this essential steelmaking raw material undergoes continuous exploration and production using various methods. Mining techniques span open-pit and underground operations, with geophysical survey data informing the discovery of new mineral resources. Exploration relies on advanced drilling methods, while geological modeling and mineral resource assessment aid in ore grade estimation and mine planning. The ironmaking process is optimized through the application of innovative techniques, such as sintering process optimization and iron ore pelletization. In the sintering process, fine iron ore fines are blended with coke breeze, limestone, and recycled sinter particles, creating a porous, cohesive mass.

This sinter is then fed into the blast furnace, enhancing the efficiency of the ironmaking process. Environmental considerations are paramount in modern mining operations. Mine water management and dust suppression systems are crucial for minimizing environmental impact. Additionally, production cost analysis and mine waste management are essential for maintaining profitability and sustainability. The iron ore characterization and beneficiation processes employ magnetic separation methods and flotation cell design to improve ore quality. These techniques ensure the removal of impurities and the concentration of valuable iron ore particles, contributing to the overall efficiency of the mining and production process. As the industry evolves, mine safety regulations and transportation logistics continue to be critical factors in the success of iron ore mining operations.

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The Fines segment was valued at USD 165.60 billion in 2019 and showed a gradual increase during the forecast period.

The integration of advanced technologies, such as particle size distribution analysis and blast furnace operation optimization, further enhances the productivity and profitability of these ventures. A single data point illustrates the significance of fine iron ore in the industry: the global market for iron ore fines is projected to reach a value of USD120 billion by 2027, underscoring their importance as a key component in the

China Turnover: Volume: Dalian Commodity Exchange: Iron Ore data was reported at 540.219 Lot th in 13 May 2025. This records a decrease from the previous number of 718.966 Lot th for 12 May 2025. China Turnover: Volume: Dalian Commodity Exchange: Iron Ore data is updated daily, averaging 1,113.796 Lot th from Oct 2013 (Median) to 13 May 2025, with 2813 observations. The data reached an all-time high of 10,458.552 Lot th in 10 Mar 2016 and a record low of 17.184 Lot th in 10 Dec 2013. China Turnover: Volume: Dalian Commodity Exchange: Iron Ore data remains active status in CEIC and is reported by Dalian Commodity Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Dalian Commodity Exchange: Commodity Futures: Turnover: Daily.

Iron ore prices in June 2025 saw fluctuations with September futures on the DCE slightly decreasing, while July contracts on the Singapore Exchange faced more pressure. Despite weak Chinese demand, market stability signs and potential seasonal recovery were observed.

Explore the significance of NYMEX iron ore futures in the global steel industry, providing risk management and market insights influenced by factors like China's demand, supply from Australia and Brazil, and advancements in digital trading.