Iron Ore fell to 96.71 USD/T on July 11, 2025, down 0.05% from the previous day. Over the past month, Iron Ore's price has risen 1.31%, but it is still 11.74% 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.

This table contains 3 series, with data for years 1971 - 1985 (not all combinations necessarily have data for all years), and was last released on 2000-02-18. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Price index (3 items: Total; iron ore index; Iron ore; export; Iron ore; domestic ...).

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Iron Ores (WPU1011) from Jan 1947 to May 2025 about ore, iron, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

CN: China Iron Ore Price Index (CIOPI) data was reported at 244.040 Apr1994=100 in 06 Dec 2018. This records a decrease from the previous number of 247.840 Apr1994=100 for 05 Dec 2018. CN: China Iron Ore Price Index (CIOPI) data is updated daily, averaging 245.480 Apr1994=100 from Sep 2011 (Median) to 06 Dec 2018, with 1327 observations. The data reached an all-time high of 596.870 Apr1994=100 in 09 Sep 2011 and a record low of 148.990 Apr1994=100 in 16 Dec 2015. CN: China Iron Ore Price Index (CIOPI) data remains active status in CEIC and is reported by China Iron and Steel Association. The data is categorized under China Premium Database’s Price – Table CN.PG: China Iron Ore Price Index (CIOPI): Daily.

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 CNY rose to 766 CNY/T on July 11, 2025, up 0.20% from the previous day. Over the past month, Iron Ore CNY's price has risen 9.04%, but it is still 7.38% lower 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.

Explore the intricacies of the iron ore price index and how it reflects market trends, supply-demand dynamics, geopolitical influences, and economic policies in the steel industry. Understand the impact of major consumers like China and India, as well as environmental policies shaping demand for higher-quality ores. Stay informed on the factors influencing price volatility to make well-informed business and investment decisions.

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.

Explore the critical role of market index iron ore in the global steel industry. Learn about key pricing benchmarks like the Platts Iron Ore Index and TSI, and how they provide transparency and insight into the iron ore market. Understand factors influencing prices such as demand dynamics, economic conditions, and China's consumption patterns.

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.

Graph and download economic data for Producer Price Index by Industry: Iron Ore Mining (PCU212210212210) from Dec 1984 to May 2025 about ore, iron, mining, PPI, industry, inflation, price index, indexes, price, and USA.

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

Explore how the Platts Iron Ore Index (IODEX) serves as a critical benchmark for global iron ore prices, reflecting market dynamics and economic factors affecting the industry. Understand the assessment process, pricing fluctuations, and their impact on steel manufacturing and global commodities markets.

United States - Producer Price Index by Industry: Iron Ore Mining: Iron Ore (Including Crude, Concentrates, Agglomerates and Pellates) was 212.57500 Index Dec 1997=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Iron Ore Mining: Iron Ore (Including Crude, Concentrates, Agglomerates and Pellates) reached a record high of 231.25100 in April of 2023 and a record low of 99.20000 in January of 2000. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Iron Ore Mining: Iron Ore (Including Crude, Concentrates, Agglomerates and Pellates) - last updated from the United States Federal Reserve on July of 2025.

Canada Export Price Index: Customs: CM: Iron Ores, Concentrates & Scrap data was reported at 255.400 2002=100 in Aug 2012. This records a decrease from the previous number of 267.400 2002=100 for Jul 2012. Canada Export Price Index: Customs: CM: Iron Ores, Concentrates & Scrap data is updated monthly, averaging 164.200 2002=100 from Jan 2002 (Median) to Aug 2012, with 128 observations. The data reached an all-time high of 315.300 2002=100 in Oct 2008 and a record low of 87.500 2002=100 in Jun 2003. Canada Export Price Index: Customs: CM: Iron Ores, Concentrates & Scrap data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I029: Export Price Index: 2002=100.

Explore the dynamics influencing iron ore prices with insights into supply-demand, geopolitical factors, and technological advancements, and understand their impact on steel industry health and global economic conditions.

Explore the critical role of iron ore market indices in determining ore prices essential for steel production. Discover insights on leading indices like Platts IODEX, MBIOI, and TSI, and learn how real-time data and sustainability impact market trends, production decisions, and pricing strategies in the evolving global iron ore industry.

India Iron Ore: Average Sale Price: Fines: 58 - 60% Fe data was reported at 3,714.000 INR/Ton in Feb 2025. This records a decrease from the previous number of 3,786.000 INR/Ton for Jan 2025. India Iron Ore: Average Sale Price: Fines: 58 - 60% Fe data is updated monthly, averaging 1,988.000 INR/Ton from Feb 2011 (Median) to Feb 2025, with 169 observations. The data reached an all-time high of 4,775.000 INR/Ton in Aug 2021 and a record low of 819.000 INR/Ton in Dec 2015. India Iron Ore: Average Sale Price: Fines: 58 - 60% Fe data remains active status in CEIC and is reported by Indian Bureau of Mines. The data is categorized under India Premium Database’s Metal and Steel Sector – Table IN.WAC009: Iron Ore Average Sale Price.

United States - Producer Price Index by Industry: Iron Ore Mining: Primary Products was 205.04700 Index Dec 1984=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Iron Ore Mining: Primary Products reached a record high of 223.06200 in April of 2023 and a record low of 81.40000 in February of 1988. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Iron Ore Mining: Primary Products - last updated from the United States Federal Reserve on July of 2025.

United States - Producer Price Index by Industry: Iron Ore Mining was 200.24200 Index Dec 1984=100 in April of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Iron Ore Mining reached a record high of 217.83400 in April of 2023 and a record low of 79.40000 in February of 1988. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Iron Ore Mining - last updated from the United States Federal Reserve on June of 2025.