Iron Ore fell to 101.42 USD/T on August 22, 2025, down 0.15% from the previous day. Over the past month, Iron Ore's price has risen 3.21%, and is up 3.44% 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 August of 2025.

Explore the factors influencing iron ore spot prices, including supply and demand dynamics, geopolitical events, and economic indicators, and understand their impact on the global commodities market.

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

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 intricacies of iron ore spot price charts, essential for understanding price fluctuations in the steel industry. Discover how these charts, influenced by global demand, economic conditions, and geopolitical events, aid stakeholders in making informed decisions.

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.

Iron Ore CNY fell to 770 CNY/T on August 22, 2025, down 0.39% from the previous day. Over the past month, Iron Ore CNY's price has fallen 4.64%, but it is still 7.02% 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.

Explore recent volatility in iron ore spot prices amid geopolitical tensions, China's economic slowdown, and supply disruptions in key regions. Discover insights into market forecasts and strategic advice for industry stakeholders navigating the fluctuating global steel industry landscape.

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 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: 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.

Explore how the London Metal Exchange (LME) iron ore spot price serves as a vital indicator in the commodities market, with insights into its influence on global industries and factors affecting its fluctuation, such as China's economic policies, supply disruptions, and sustainability trends.

Explore the fluctuating dynamics of iron ore spot prices and their impact on the steel manufacturing and mining sectors. Learn how global supply-demand, economic trends, and policy changes influence these prices over time, with significant contributions from China's demand and other global factors.

Manganese rose to 29.76 CNY/mtu on August 21, 2025, up 0.07% from the previous day. Over the past month, Manganese's price has risen 1.05%, but it is still 7.72% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Manganese Ore - values, historical data, forecasts and news - updated on August of 2025.

Explore the volatile dynamics of iron ore prices in 2023 and their impact on global markets, driven by supply chain challenges, geopolitical tensions, and shifts in industrial activity across key economies.

India Iron Ore: Average Sale Price: Fines: 55 - 58% Fe data was reported at 3,484.000 INR/Ton in Feb 2025. This records an increase from the previous number of 3,463.000 INR/Ton for Jan 2025. India Iron Ore: Average Sale Price: Fines: 55 - 58% Fe data is updated monthly, averaging 1,556.000 INR/Ton from Feb 2011 (Median) to Feb 2025, with 168 observations. The data reached an all-time high of 4,483.000 INR/Ton in Feb 2024 and a record low of 619.000 INR/Ton in Jan 2016. India Iron Ore: Average Sale Price: Fines: 55 - 58% 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.

This data release contains the U.S. salient statistics and world production data extracted from the IRON ORE data sheet of the USGS Mineral Commodity Summaries 2023.

ADMMR map collection: Four Iron Ore Deposits Location Map; 1 in. to 20 feet; 17 x 21 in.

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.

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