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.

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

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

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.

The Australian iron ore market contracted to $X in 2019, with a decrease of -X% against the previous year. In general, consumption, however, saw a strong expansion. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X, and then dropped in the following year.

In 2024, the Indian iron ore market increased by 2.1% to $6.6B for the first time since 2021, thus ending a two-year declining trend. In general, consumption, however, continues to indicate a drastic downturn. Iron ore consumption peaked at $13.6B in 2012; however, from 2013 to 2024, consumption failed to regain momentum.

Rio Tinto's strong position in the iron ore market, coupled with its focus on cost-cutting and operational efficiency, bodes well for its future prospects. However, risks associated with mining operations, geopolitical uncertainties, and fluctuations in commodity prices could impact its performance. The company's commitment to sustainability and its ability to manage environmental and social risks will be crucial for maintaining its long-term competitiveness.

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

The Canadian iron ore market plummeted to $X in 2019, reducing by -X% against the previous year. In general, consumption, however, showed a mild setback. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2019, consumption stood at a somewhat lower figure.

In 2024, the global iron ore market decreased by -4.1% to $316.3B, falling for the third year in a row after six years of growth. Overall, consumption saw a modest expansion. As a result, consumption reached the peak level of $451.3B. From 2022 to 2024, the growth of the global market failed to regain momentum.

The East European iron ore market declined to $42.8B in 2024, which is down by -13.7% against the previous year. In general, consumption saw a slight slump. As a result, consumption attained the peak level of $65.8B. From 2022 to 2024, the growth of the market remained at a lower figure.

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

Rio Tinto (RIO): Iron Ore Recovery or Market Mirage?

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

In 2019, the South African iron ore market increased by X% to $X, rising for the third year in a row after two years of decline. In general, consumption showed a noticeable increase. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2019, consumption failed to regain the momentum.

In 2024, after two years of decline, there was significant growth in the Polish iron ore market, when its value increased by 19% to $450M. Overall, consumption, however, continues to indicate a noticeable curtailment. As a result, consumption attained the peak level of $743M. From 2022 to 2024, the growth of the market remained at a somewhat lower figure.

Kumba Iron Ore reported ZAR99.82B in Market Capitalization this July of 2025, considering the latest stock price and the number of outstanding shares.Data for Kumba Iron Ore | KIO - Market Capitalization including historical, tables and charts were last updated by Trading Economics this last July in 2025.

Global Iron Ore Concentrate market size 2025 was XX Million. Iron Ore Concentrate Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

In 2023, an estimated 280 million metric tons of iron ore was extracted in China. China is the third-largest producer of iron ore in the world.

In 2024, the Ghanian iron ore market increased by 36% to $7.1K for the first time since 2021, thus ending a two-year declining trend. Overall, consumption saw tangible growth. As a result, consumption reached the peak level of $100K. From 2018 to 2024, the growth of the market remained at a somewhat lower figure.

Australia was by far the country exporting the largest amount of iron ore worldwide in 2023. Some 56.4 percent of global iron ore exports came from Australia, worth 91 billion U.S. dollars that year. Australia is able to export the most iron ore worldwide due to the fact that it also has the world's largest reserves of iron ore. What is iron ore? Iron ores are rocks from which metallic iron can be extracted for profit. The ores usually have a lot of iron oxides and come in multiple colors. However, they appear dark grey or rusty grey and come in different chemical compounds. These compounds include hematite, magnetite, siderite, limonite, or goethite. One of the main uses of iron is to produce steel. Global iron ore trade Australia is consistently the leading iron ore exporting country in the world. On the other hand, China is the world’s largest importer of iron ore, accounting for a 70 percent share of the total global iron ore imports based on value in 2021.

Iron Ore Market Outlook

The global iron ore market size was valued at approximately USD 150 billion in 2023, and it is anticipated to grow at a compound annual growth rate (CAGR) of 4.5% reaching around USD 228 billion by 2032. This growth is primarily driven by the robust demand from the steel production industry, which accounts for the majority of iron ore consumption worldwide. The increasing pace of urbanization coupled with industrialization, particularly in emerging economies, is significantly propelling the market forward. Moreover, technological advancements in mining and refining processes have improved the efficiency and quality of iron ore, further fueling market expansion.

The unparalleled growth of the construction and infrastructure sectors is one of the principal factors driving the iron ore market. As nations around the globe seek to upgrade their infrastructure, the demand for steel, and consequently iron ore, has seen a marked increase. The rise in construction activities, especially in developing countries, is contributing heavily to market growth. Countries in Asia Pacific, notably China and India, are witnessing rapid urban expansion, requiring massive quantities of steel for construction projects. This, in turn, is escalating the demand for iron ore, which is a primary raw material in steel production. Furthermore, government's initiatives in many nations to revamp old infrastructure are expected to provide a steady demand for iron ore in the upcoming years.

Innovations in mining technologies are also a significant growth factor for the iron ore market. Modern techniques and machinery have not only increased the productivity of iron ore mining but have also reduced waste and lowered production costs. Improved mining efficiency enables companies to meet the rising demand without a proportional increase in operational costs, thus boosting profitability. Additionally, the adoption of sustainable mining practices is becoming prevalent, driven by environmental regulations and corporate responsibility goals. These practices are attracting investments and facilitating the growth of the iron ore market, as companies strive to meet both economic and environmental objectives.

The automotive industry's evolution is another critical factor influencing the iron ore market. The surge in production of electric vehicles and the modernization of traditional automotive designs require substantial amounts of steel, which relies on iron ore. Lightweight, high-strength steel forms are being increasingly used in the manufacture of automotive parts, enhancing vehicle performance and fuel efficiency. This growing need for specialized steel products is resulting in increased iron ore demand. Moreover, the persistent growth of the automotive sector, especially in regions such as North America and Europe, is expected to sustain this demand over the forecast period, contributing to steady market growth.

Iron Ore Pelletizing Equipment plays a crucial role in the iron ore industry, particularly in enhancing the efficiency and quality of pellet production. These advanced machines are designed to transform fine iron ore particles into uniform pellets, which are then used in steelmaking processes. The demand for high-quality pellets has increased as they offer superior performance in blast furnaces, leading to improved steel quality and reduced energy consumption. As the steel industry continues to evolve, the need for innovative pelletizing equipment becomes more pronounced, driving investments in research and development. Manufacturers are focusing on developing equipment that not only increases productivity but also aligns with environmental standards, ensuring sustainable operations in the long term.

Regionally, Asia Pacific holds the dominant share of the iron ore market, driven by its rapidly growing economies and extensive industrial base. China, the largest consumer of iron ore, continues to lead the global demand, owing to its expansive steel manufacturing sector. India follows suit with its burgeoning infrastructure projects, boosting regional market growth. North America and Europe are also significant players in the market. In these regions, the demand is primarily fueled by the automotive and construction industries. Meanwhile, Latin America, rich in natural resources, remains a major supplier of iron ore, and the Middle East & Africa region is gaining traction due to investments in mining and infrastructure development.

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