Iron Ore rose to 106.22 USD/T on March 27, 2026, up 0.08% from the previous day. Over the past month, Iron Ore's price has risen 6.42%, and is up 3.70% 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 March of 2026.

Latest Iron prices Jan 2026: China USD 3355/MT, India USD 3464/MT. View price trends & outlook.

Iron Ore CNY fell to 812 CNY/T on March 27, 2026, down 0.61% from the previous day. Over the past month, Iron Ore CNY's price has risen 7.62%, and is up 3.90% compared to the same time last year, 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.

Iron Ore prices Jan 2026: China USD 118/MT, India USD 51/MT, USA USD 103/MT. Explore trends.

Graph and download economic data for Global price of Iron Ore (PIORECRUSDM) from Jan 1992 to Feb 2026 about ore, iron, World, and price.

Monthly and long-term iron ore price data (US$/mt): historical series and analyst forecasts curated by FocusEconomics.

Iron ore prices in , February, 2026 For that commodity indicator, we provide data from January 1960 to February 2026. The average value during that period was 49.21 dry metric ton unit with a minimum of 8.77 dry metric ton unit in January 1968 and a maximum of 214.43 dry metric ton unit in June 2021. | TheGlobalEconomy.com

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.

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.

View monthly updates and historical trends for Iron Ore Spot Price (Any Origin). Source: World Bank. Track economic data with YCharts analytics.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Iron Ores (WPU10110555) from Dec 1997 to Feb 2026 about ore, iron, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

Procurement Resource provides latest Grey Cast Iron prices and a graphing tool to track prices over time, compare prices across countries, and customize price data.

Explore the volatile history of iron ore prices influenced by global economic cycles, demand-supply dynamics, and geopolitical events, with a focus on China's industrial impact and recent market trends.

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.

Discover the global scrap iron market outlook. This report covers price trends, demand drivers & supply-side dynamics shaping the market in 2026-2027.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Cast Iron Scrap (WPU101213) from Dec 1986 to Feb 2026 about iron, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

Euro Area - Producer prices in industry: Casting of iron was 122.90 points in November of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Euro Area - Producer prices in industry: Casting of iron - last updated from the EUROSTAT on March of 2026. Historically, Euro Area - Producer prices in industry: Casting of iron reached a record high of 129.40 points in March of 2023 and a record low of 73.70 points in March of 2000.

India Iron Ore: Average Sale Price: Fines: 58 - 60% Fe data was reported at 3,768.000 INR/Ton in Jan 2026. This records a decrease from the previous number of 3,935.000 INR/Ton for Dec 2025. India Iron Ore: Average Sale Price: Fines: 58 - 60% Fe data is updated monthly, averaging 1,757.000 INR/Ton from Feb 2011 (Median) to Jan 2026, with 180 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.WAC: Iron Ore Average Sale Price.

Procurement Resource provides latest Iron Scrap prices and a graphing tool to track prices over time, compare prices across countries, and customize price data.

In Q4 2025, North America, the Iron Oxide Price Index fell by 0.47% quarter-over-quarter, reflecting ample import supply. Check detailed insights for Europe, South America and APAC.