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Iron ore is a mineral substance which, when heated in the presence of a reductant, will yield metallic iron (Fe). It almost always consists of iron oxides, the primary forms of which are magnetite (Fe 3 O 4) and hematite (Fe 2 O 3). Iron ore is the source of primary iron for the world's iron and steel industries.
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Iron Ore traded at 66.50 on Monday July 16. Historically, Iron Ore reached an all time high of 191.90 in February of 2011 and a record low of 37 in December of 2015.
This statistic shows the average commodity price for iron ore from 2003 to 2017. In 2017, iron ore was worth approximately 72 U.S. dollars per dry metric ton unit (dmtu), compared to 30 dollars per dmtu in 2003.
Iron Ore Spot Price (Any Origin) historical data, charts, stats and more. Iron Ore Spot Price (Any Origin) is at a current level of 66.10, up from 65.75 last month and up from 62.43 one year ago.
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