Iron Ore fell to 101.52 USD/T on August 20, 2025, down 0.05% from the previous day. Over the past month, Iron Ore's price has risen 3.76%, and is up 3.19% 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.

Get the latest insights on price movement and trend analysis of Iron in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Cast Iron Scrap (WPU101213) from Dec 1986 to Jul 2025 about iron, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

The 2020 coronavirus (Covid-19) pandemic has had a noteworthy impact on commodities prices, including metals such as iron ore. The impact of Covid-19 on the global iron ore industry is apparent from the decline in the average year-to-date price of iron ore as of May 2020 (***** U.S. dollars per metric ton) as compared to the average price in 2019 (***** U.S. dollars per metric ton). Compared to other metals, however, iron ore prices have stayed relatively resilient, and are expected to recover further during 2020 once China's steel production increases again.

Graph and download economic data for Global price of Iron Ore (PIORECRUSDQ) from Q1 1990 to Q2 2025 about ore, iron, World, and price.

Iron and steel scrap prices in the United States stood at around *** U.S. dollars per metric ton in 2024, down from *** dollars per ton a year earlier. This is the fourth consecutive annual decrease recorded. Steel scrap consumption The majority of domestic steel industry scrap consumption is from manufacturers of raw steel, and steel castings. These raw materials are used to produce steel products that are used for appliances, construction, machinery, and transportation, among other industry uses. Only small amounts of steel scrap were used for the production of ferroalloys, copper precipitation, and the chemical industry. Recycling scrap Recycled iron and steel scrap materials have been essential for the production of new steel and cast iron products. Vehicles are one of the largest sources of old steel scrap used for recycling and nearly 100 percent of cars are recycled for their scrap material. It is expected that the recycling rate for scrap materials from appliances and construction purposes should rise, especially as public interest for recycling grows and profitability increases.

Get the latest insights on price movement and trend analysis of Grey Cast Iron in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Why did the Grey Cast Iron Price Change in July 2025? The Grey Cast Iron Price Index in the USA increased by 9.9% quarter-over-quarter in Q2 2025. The rise was attributed to strong automotive demand and buyer anticipation of tariff impacts, which encouraged forward buying.

China Export Price: Iron Ore & Concentrate data was reported at 109.821 USD/Ton in Mar 2025. This records an increase from the previous number of 101.512 USD/Ton for Feb 2025. China Export Price: Iron Ore & Concentrate data is updated monthly, averaging 135.109 USD/Ton from Jan 2008 (Median) to Mar 2025, with 205 observations. The data reached an all-time high of 1,112.560 USD/Ton in Feb 2015 and a record low of 57.833 USD/Ton in Jan 2010. China Export Price: Iron Ore & Concentrate data remains active status in CEIC and is reported by CEIC Data. The data is categorized under China Premium Database’s Price – Table CN.PG: Iron Ore and Concentrate Import and Export 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.

Why did the Iron oxide Price Change in July 2025? The Iron Oxide Production Cost Trend varied month-to-month: April saw rising import costs from tariff disruptions; May had stable production with cheap Asian imports; June reversed the trend with sharply elevated input costs from Brazil and China.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Pressure and Soil Pipe and Fittings, Cast Iron (WPU101502) from Dec 1980 to Jul 2025 about iron, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

United States - Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel Scrap was 529.91500 Index 1982=100 in July of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel Scrap reached a record high of 859.24200 in April of 2022 and a record low of 33.30000 in July of 1949. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel Scrap - last updated from the United States Federal Reserve on August of 2025.

This dataset shows the international price for iron ore and scrap (raw materials required for steel making)

Explore the complexities of predicting iron ore prices influenced by demand-supply dynamics, geopolitical tensions, economic trends, and technological shifts. Understand the impact of global events and regional demand from China and India on future market trajectories.

United States - Producer Price Index by Commodity: Metals and Metal Products: Other Gray and Ductile Iron Castings was 273.47800 Index 1982=100 in June of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Other Gray and Ductile Iron Castings reached a record high of 274.26500 in May of 2025 and a record low of 90.50000 in December of 1980. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Other Gray and Ductile Iron Castings - last updated from the United States Federal Reserve on July of 2025.

This statistic represents the US iron and steel import price index between 2006 and 2017. In 2017, this price index stood at ***, compared with 100 in 2005. 2005 was chosen as the base year (2005=100).

Belgium Raw Materials Price Index: Industrial Material: Iron Ore & Scrap Iron data was reported at 607.000 2000=100 in Dec 2010. This records an increase from the previous number of 603.000 2000=100 for Nov 2010. Belgium Raw Materials Price Index: Industrial Material: Iron Ore & Scrap Iron data is updated monthly, averaging 120.600 2000=100 from Jan 1996 (Median) to Dec 2010, with 180 observations. The data reached an all-time high of 661.900 2000=100 in Sep 2010 and a record low of 92.700 2000=100 in Jan 1999. Belgium Raw Materials Price Index: Industrial Material: Iron Ore & Scrap Iron data remains active status in CEIC and is reported by National Bank of Belgium. The data is categorized under Global Database’s Belgium – Table BE.I027: Raw Material Price Index: 2000=100.

Iron Ore: Average Sale Price: Fines: 62 - 65% Fe: Karnataka data was reported at 5,439.000 INR/Ton in Dec 2024. This records an increase from the previous number of 5,295.000 INR/Ton for Nov 2024. Iron Ore: Average Sale Price: Fines: 62 - 65% Fe: Karnataka data is updated monthly, averaging 2,912.000 INR/Ton from Aug 2009 (Median) to Dec 2024, with 185 observations. The data reached an all-time high of 7,144.000 INR/Ton in Aug 2021 and a record low of 804.000 INR/Ton in Aug 2009. Iron Ore: Average Sale Price: Fines: 62 - 65% Fe: Karnataka 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 statistic shows the U.S. Bureau of Labor Statistics' producer price index for iron and steel scrap in the United States from 1990 to 2010. In 2001, the index was ***, compared to 100 in 1982, which was used as the base year.