Iron Ore fell to 98.02 USD/T on July 7, 2026, down 0.28% from the previous day. Over the past month, Iron Ore's price has fallen 3.00%, but it is still 2.59% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

Historically, Iron Ore reached an all time high of 219.77 in July of 2021. Iron Ore - data, forecasts, historical chart - was last updated on July 8 of 2026.

Iron Ore is expected to trade at 98.72 USD/MT by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 101.03 in 12 months time.



Price Day Month Year Date
Gold 4,070.21 -35.52 -0.87% -4.48% 22.83% Jul/08
Silver 58.35 -1.599 -2.67% -10.67% 60.38% Jul/08
Copper 6.08 -0.0964 -1.56% -3.61% 11.60% Jul/08
Steel 3,082.00 29.00 0.95% -1.85% 0.85% Jul/08
Iron Ore CNY 746.00 10.50 1.43% -1.84% 0.20% Jul/08
Lithium 164,000.00 -500 -0.30% 0.15% 159.08% Jul/08
Platinum 1,591.80 -71.20 -4.28% -7.00% 16.40% Jul/08
Iron Ore 98.02 -0.28 -0.28% -3.00% 2.59% Jul/07


Iron Ore
Iron ore prices refer to Iron Ore Fine China Import 62 percent grade Spot Cost and Freight for the delivery at the Chinese port of Tianjin. Is used to make steel for infrastructure and other construction projects. The biggest producers of iron ore are China, Australia and Brazil. Others include India, Russia, Ukraine and South Africa.
Actual Previous Highest Lowest Dates Unit Frequency
98.02 98.30 219.77 38.54 2010 - 2026 USD/MT Daily

News Stream
Iron Ore Hits 6-week High
Iron Ore increased to 105.14 USD/T, the highest since January 2026. Over the past 4 weeks, Iron Ore gained 5.08%, and in the last 12 months, it increased 2.51%.
2026-03-13
Iron Ore Hits 28-week Low
Iron Ore decreased to 99.66 USD/T, the lowest since August 2025. Over the past 4 weeks, Iron Ore lost 6.98%, and in the last 12 months, it decreased 5.99%.
2026-02-13
Iron Ore Hits 8-week Low
Iron Ore decreased to 105.85 USD/T, the lowest since November 2025. Over the past 4 weeks, Iron Ore lost 0.98%, and in the last 12 months, it increased 4.67%.
2026-01-28