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Steel rose to 3,043 CNY/T on July 3, 2025, up 0.43% from the previous day. Over the past month, Steel's price has risen 2.70%, but it is still 10.74% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Steel - values, historical data, forecasts and news - updated on July of 2025.
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Cold-Rolled Steel Products Price in Australia - 2023. Find the latest marketing data on the IndexBox platform.
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Stainless Steel Angle Price in Australia - 2023. Find the latest marketing data on the IndexBox platform.
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.
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HRC Steel rose to 891.98 USD/T on July 2, 2025, up 1.02% from the previous day. Over the past month, HRC Steel's price has risen 2.53%, and is up 33.33% 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 HRC Steel.
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Learn about the expected growth in the Australian market for flat-rolled steel coils over the next decade, with a forecasted increase in market volume to 1.1M tons and market value to $884M by 2035.
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.
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Steel Production in Australia increased to 473.11 Thousand Tonnes in December from 449.78 Thousand Tonnes in November of 2020. This dataset has Steel Production values for Australia.
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Learn about the projected growth in the Australian steel market over the next decade, driven by increasing demand for raw steel and steel semi-finished products. Market volume is expected to reach 6M tons by 2035, with a value of $4.2B.
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Iron Ore fell to 93.41 USD/T on July 1, 2025, down 1.12% from the previous day. Over the past month, Iron Ore's price has fallen 2.65%, and is down 15.33% 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 July of 2025.
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Discover the latest trends and forecasts for the hot-rolled bars of silico-manganese steel market in Australia. Anticipate a steady increase in market volume and value over the next decade.
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This report analyses the average export price ferrous scrap metal over each financial year. Ferrous scrap metal includes waste and scrap of cast iron and stainless steel, remelting ingots of iron and steel, tinned iron or steel, and other ferrous waste and scrap. This also includes ferrous turnings, shavings, milling waste, filings, trimming and stampings. Data for this report is sourced from the Australian Bureau of Statistics, and is measured in dollars per tonne.
In the third quarter of 2024 (Q3 2024), the Australian coking coal price was 211 U.S. dollars per metric ton, down from 243 U.S. dollars per metric ton in the previous quarter. Coking coal, also known as metallurgical coal, is a low-ash, low-sulfur, low-phosphorus coal that is used to produce coke, which is the main source of carbon used to make steel.
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In 2023, imports of concrete reinforcing bars into Australia skyrocketed to 279K tons, with an increase of 22% on 2022 figures.
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Coal rose to 111.80 USD/T on July 1, 2025, up 1.73% from the previous day. Over the past month, Coal's price has risen 6.12%, but it is still 15.37% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Coal - values, historical data, forecasts and news - updated on July of 2025.
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Aluminum rose to 2,602.10 USD/T on July 1, 2025, up 0.02% from the previous day. Over the past month, Aluminum's price has risen 5.15%, and is up 3.16% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Aluminum - values, historical data, forecasts and news - updated on July of 2025.
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Explore the projected growth in the market for angles, shapes, and sections of stainless steel and alloy steel in Australia, with market volume expected to reach 49K tons and market value to hit $127M by 2035.
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Learn about the projected growth of the iron and steel wire market in Australia over the next decade, driven by increasing demand. Market performance is expected to expand with a CAGR of +1.5% from 2024 to 2035, reaching a volume of 161K tons and a value of $164M by the end of 2035.
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.
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Steel rose to 3,043 CNY/T on July 3, 2025, up 0.43% from the previous day. Over the past month, Steel's price has risen 2.70%, but it is still 10.74% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Steel - values, historical data, forecasts and news - updated on July of 2025.