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In June 2023, the price of Iron Ore amounted to $69.1 per ton (FOB, Brazil), decreasing by -16.9% compared to the previous month.
In April 2023, the iron ore price stood at $176 per ton (CIF, Qatar), flattening at the previous month.
In November 2022, the world iron ore price was $41.5 per ton (FOB, India), down 1.7% compared to the previous month.
In September 2022, the iron ore price amounted to $34.0 per ton (FOB, India), dropping by -31.5% against the previous month.
In June 2022, the iron ore price per ton amounted to $107 per ton, picking up by 18% against the previous month.
In May 2022, the iron ore price per ton amounted to $208 (CIF, US), picking up by 17% against the previous month.
Iron ore prices are forecast to drop by 20% y/y to $130 per ton in 2022 due to rising global production.
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