Iron Ore Stories

India Believes Steel Rally is Real

The trigger to the recent increases in steel prices may have been a report by the World Steel Association.

  • Major Regions Iron Ore Price (Weekly)
  • Imported Iron Ore Spot Price (Weekly)
  • Iron Ore Output by Region (Weekly)
  • Iron Ore Import Volume (Monthly)
Products Prices Average Change Unit Date Trend
India(India(63.5%, FOB)) 36-37 36.6 1.6 USD/mt 3-month old
India(63.5%, CIF) 42-43 42.6 0.6 USD/mt 3-month old
Australia(61.5%, FOB) 38-39 38.8 0.6 USD/mt 3-month old
Australia(61.5%, CIF) 41-42 41.8 0.6 USD/mt 3-month old
Brazil(65%, FOB) 37-38 38 0.6 USD/mt 3-month old
Brazil(65%, CIF) 43-44 44 0.6 USD/mt 3-month old

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Products output Change Unit Date Trend
Beijing 118.20 -33.80 10,000mt 3-month old
Tianjing 0.00 0.00 10,000mt 3-month old
Hebei 4634.50 -339.80 10,000mt 3-month old
Shanxi 993.40 441.80 10,000mt 3-month old
Inner Mongolia 739.60 -29.80 10,000mt 3-month old
Liaoning 1004.50 -10.50 10,000mt 3-month old
Jilin 168.80 -6.50 10,000mt 3-month old
Heilongjiang 106.70 93.10 10,000mt 3-month old
Shanghai 0.00 0.00 10,000mt 3-month old
Jiangsu 13.70 2.10 10,000mt 3-month old
Zhejiang 7.50 -4.40 10,000mt 3-month old
Anhui 332.00 -19.70 10,000mt 3-month old
Fujian 181.40 11.40 10,000mt 3-month old
Jiangxi 178.80 -33.50 10,000mt 3-month old
Shandong 180.90 -2.20 10,000mt 3-month old
Henan 162.90 17.90 10,000mt 3-month old
Hubei 317.30 20.20 10,000mt 3-month old
Hunan 101.60 31.40 10,000mt 3-month old
Guangdong 227.90 31.30 10,000mt 3-month old
Guangxi 72.50 22.60 10,000mt 3-month old
Hainan 43.10 6.00 10,000mt 3-month old
Chongqing 0.00 0.00 10,000mt 3-month old
Sichuan 1629.10 4.80 10,000mt 3-month old
Guizhou 21.80 -3.30 10,000mt 3-month old
Yunnan 290.20 -32.50 10,000mt 3-month old
Tibet 0.00 0.00 10,000mt 3-month old
Shaanxi 206.40 79.20 10,000mt 3-month old
Gansu 140.80 -21.30 10,000mt 3-month old
Qinghai 2.60 0.70 10,000mt 3-month old
Ningxia 0.00 0.00 10,000mt 3-month old
Xinjiang 90.90 -11.50 10,000mt 3-month old

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Products Prices Average Change Unit Date Trend
India(India(63.5%, FOB)) 36-37 36.6 1.6 USD/mt 3-month old
India(63.5%, CIF) 42-43 42.6 0.6 USD/mt 3-month old
Australia(61.5%, FOB) 38-39 38.8 0.6 USD/mt 3-month old
Australia(61.5%, CIF) 41-42 41.8 0.6 USD/mt 3-month old
Brazil(65%, FOB) 37-38 38 0.6 USD/mt 3-month old
Brazil(65%, CIF) 43-44 44 0.6 USD/mt 3-month old

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Products output Change Unit Date Trend
Beijing 118.20 -33.80 10,000mt 3-month old
Tianjing 0.00 0.00 10,000mt 3-month old
Hebei 4634.50 -339.80 10,000mt 3-month old
Shanxi 993.40 441.80 10,000mt 3-month old
Inner Mongolia 739.60 -29.80 10,000mt 3-month old
Liaoning 1004.50 -10.50 10,000mt 3-month old
Jilin 168.80 -6.50 10,000mt 3-month old
Heilongjiang 106.70 93.10 10,000mt 3-month old
Shanghai 0.00 0.00 10,000mt 3-month old
Jiangsu 13.70 2.10 10,000mt 3-month old
Zhejiang 7.50 -4.40 10,000mt 3-month old
Anhui 332.00 -19.70 10,000mt 3-month old
Fujian 181.40 11.40 10,000mt 3-month old
Jiangxi 178.80 -33.50 10,000mt 3-month old
Shandong 180.90 -2.20 10,000mt 3-month old
Henan 162.90 17.90 10,000mt 3-month old
Hubei 317.30 20.20 10,000mt 3-month old
Hunan 101.60 31.40 10,000mt 3-month old
Guangdong 227.90 31.30 10,000mt 3-month old
Guangxi 72.50 22.60 10,000mt 3-month old
Hainan 43.10 6.00 10,000mt 3-month old
Chongqing 0.00 0.00 10,000mt 3-month old
Sichuan 1629.10 4.80 10,000mt 3-month old
Guizhou 21.80 -3.30 10,000mt 3-month old
Yunnan 290.20 -32.50 10,000mt 3-month old
Tibet 0.00 0.00 10,000mt 3-month old
Shaanxi 206.40 79.20 10,000mt 3-month old
Gansu 140.80 -21.30 10,000mt 3-month old
Qinghai 2.60 0.70 10,000mt 3-month old
Ningxia 0.00 0.00 10,000mt 3-month old
Xinjiang 90.90 -11.50 10,000mt 3-month old

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Products Prices Average Change Unit Date Trend
India(India(63.5%, FOB)) 36-37 36.6 1.6 USD/mt 3-month old
India(63.5%, CIF) 42-43 42.6 0.6 USD/mt 3-month old
Australia(61.5%, FOB) 38-39 38.8 0.6 USD/mt 3-month old
Australia(61.5%, CIF) 41-42 41.8 0.6 USD/mt 3-month old
Brazil(65%, FOB) 37-38 38 0.6 USD/mt 3-month old
Brazil(65%, CIF) 43-44 44 0.6 USD/mt 3-month old

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Products output Change Unit Date Trend
Beijing 118.20 -33.80 10,000mt 3-month old
Tianjing 0.00 0.00 10,000mt 3-month old
Hebei 4634.50 -339.80 10,000mt 3-month old
Shanxi 993.40 441.80 10,000mt 3-month old
Inner Mongolia 739.60 -29.80 10,000mt 3-month old
Liaoning 1004.50 -10.50 10,000mt 3-month old
Jilin 168.80 -6.50 10,000mt 3-month old
Heilongjiang 106.70 93.10 10,000mt 3-month old
Shanghai 0.00 0.00 10,000mt 3-month old
Jiangsu 13.70 2.10 10,000mt 3-month old
Zhejiang 7.50 -4.40 10,000mt 3-month old
Anhui 332.00 -19.70 10,000mt 3-month old
Fujian 181.40 11.40 10,000mt 3-month old
Jiangxi 178.80 -33.50 10,000mt 3-month old
Shandong 180.90 -2.20 10,000mt 3-month old
Henan 162.90 17.90 10,000mt 3-month old
Hubei 317.30 20.20 10,000mt 3-month old
Hunan 101.60 31.40 10,000mt 3-month old
Guangdong 227.90 31.30 10,000mt 3-month old
Guangxi 72.50 22.60 10,000mt 3-month old
Hainan 43.10 6.00 10,000mt 3-month old
Chongqing 0.00 0.00 10,000mt 3-month old
Sichuan 1629.10 4.80 10,000mt 3-month old
Guizhou 21.80 -3.30 10,000mt 3-month old
Yunnan 290.20 -32.50 10,000mt 3-month old
Tibet 0.00 0.00 10,000mt 3-month old
Shaanxi 206.40 79.20 10,000mt 3-month old
Gansu 140.80 -21.30 10,000mt 3-month old
Qinghai 2.60 0.70 10,000mt 3-month old
Ningxia 0.00 0.00 10,000mt 3-month old
Xinjiang 90.90 -11.50 10,000mt 3-month old

View all >>

Products Prices Average Change Unit Date Trend
India(India(63.5%, FOB)) 36-37 36.6 1.6 USD/mt 3-month old
India(63.5%, CIF) 42-43 42.6 0.6 USD/mt 3-month old
Australia(61.5%, FOB) 38-39 38.8 0.6 USD/mt 3-month old
Australia(61.5%, CIF) 41-42 41.8 0.6 USD/mt 3-month old
Brazil(65%, FOB) 37-38 38 0.6 USD/mt 3-month old
Brazil(65%, CIF) 43-44 44 0.6 USD/mt 3-month old

View all >>

Products output Change Unit Date Trend
Beijing 118.20 -33.80 10,000mt 3-month old
Tianjing 0.00 0.00 10,000mt 3-month old
Hebei 4634.50 -339.80 10,000mt 3-month old
Shanxi 993.40 441.80 10,000mt 3-month old
Inner Mongolia 739.60 -29.80 10,000mt 3-month old
Liaoning 1004.50 -10.50 10,000mt 3-month old
Jilin 168.80 -6.50 10,000mt 3-month old
Heilongjiang 106.70 93.10 10,000mt 3-month old
Shanghai 0.00 0.00 10,000mt 3-month old
Jiangsu 13.70 2.10 10,000mt 3-month old
Zhejiang 7.50 -4.40 10,000mt 3-month old
Anhui 332.00 -19.70 10,000mt 3-month old
Fujian 181.40 11.40 10,000mt 3-month old
Jiangxi 178.80 -33.50 10,000mt 3-month old
Shandong 180.90 -2.20 10,000mt 3-month old
Henan 162.90 17.90 10,000mt 3-month old
Hubei 317.30 20.20 10,000mt 3-month old
Hunan 101.60 31.40 10,000mt 3-month old
Guangdong 227.90 31.30 10,000mt 3-month old
Guangxi 72.50 22.60 10,000mt 3-month old
Hainan 43.10 6.00 10,000mt 3-month old
Chongqing 0.00 0.00 10,000mt 3-month old
Sichuan 1629.10 4.80 10,000mt 3-month old
Guizhou 21.80 -3.30 10,000mt 3-month old
Yunnan 290.20 -32.50 10,000mt 3-month old
Tibet 0.00 0.00 10,000mt 3-month old
Shaanxi 206.40 79.20 10,000mt 3-month old
Gansu 140.80 -21.30 10,000mt 3-month old
Qinghai 2.60 0.70 10,000mt 3-month old
Ningxia 0.00 0.00 10,000mt 3-month old
Xinjiang 90.90 -11.50 10,000mt 3-month old

View all >>

Products Prices Average Change Unit Date Trend
India(India(63.5%, FOB)) 36-37 36.6 1.6 USD/mt 3-month old
India(63.5%, CIF) 42-43 42.6 0.6 USD/mt 3-month old
Australia(61.5%, FOB) 38-39 38.8 0.6 USD/mt 3-month old
Australia(61.5%, CIF) 41-42 41.8 0.6 USD/mt 3-month old
Brazil(65%, FOB) 37-38 38 0.6 USD/mt 3-month old
Brazil(65%, CIF) 43-44 44 0.6 USD/mt 3-month old

View all >>

Products output Change Unit Date Trend
Beijing 118.20 -33.80 10,000mt 3-month old
Tianjing 0.00 0.00 10,000mt 3-month old
Hebei 4634.50 -339.80 10,000mt 3-month old
Shanxi 993.40 441.80 10,000mt 3-month old
Inner Mongolia 739.60 -29.80 10,000mt 3-month old
Liaoning 1004.50 -10.50 10,000mt 3-month old
Jilin 168.80 -6.50 10,000mt 3-month old
Heilongjiang 106.70 93.10 10,000mt 3-month old
Shanghai 0.00 0.00 10,000mt 3-month old
Jiangsu 13.70 2.10 10,000mt 3-month old
Zhejiang 7.50 -4.40 10,000mt 3-month old
Anhui 332.00 -19.70 10,000mt 3-month old
Fujian 181.40 11.40 10,000mt 3-month old
Jiangxi 178.80 -33.50 10,000mt 3-month old
Shandong 180.90 -2.20 10,000mt 3-month old
Henan 162.90 17.90 10,000mt 3-month old
Hubei 317.30 20.20 10,000mt 3-month old
Hunan 101.60 31.40 10,000mt 3-month old
Guangdong 227.90 31.30 10,000mt 3-month old
Guangxi 72.50 22.60 10,000mt 3-month old
Hainan 43.10 6.00 10,000mt 3-month old
Chongqing 0.00 0.00 10,000mt 3-month old
Sichuan 1629.10 4.80 10,000mt 3-month old
Guizhou 21.80 -3.30 10,000mt 3-month old
Yunnan 290.20 -32.50 10,000mt 3-month old
Tibet 0.00 0.00 10,000mt 3-month old
Shaanxi 206.40 79.20 10,000mt 3-month old
Gansu 140.80 -21.30 10,000mt 3-month old
Qinghai 2.60 0.70 10,000mt 3-month old
Ningxia 0.00 0.00 10,000mt 3-month old
Xinjiang 90.90 -11.50 10,000mt 3-month old

View all >>

iron ore Prices Chart

Iron Ore Publications

Iron-ore Publications
China Iron Ore Weekly Monitor 20160426
China Iron Ore Weekly Monitor 20160426
12 steel plants fully closed. SMM incomplete survey shows 24 steel plants in Shanxi undertook maintenance cycle in late 2015, and blast furnaces with total capacity of 30,000 m3 were under maintenanc
China Iron Ore Weekly Monitor-20160419
China Iron Ore Weekly Monitor-20160419
China’s output of crude steel, pig iron and finished steel was 70.65 million mt, 60.20 million mt and 99.23 million mt in March, up 2.9%, 2.2% and 3.3%,

Iron Ore Prices Introduction

Iron Ore Publications

China Iron Ore Weekly Monitor 20160426

12 steel plants fully closed. SMM incomplete survey shows 24 steel plants in Shanxi undertook maintenance cycle in late 2015, and blast furnaces with total capacity of 30,000 m3 were under maintenanc

Hot Iron Ore Products

CNY Base Rate

100 units of foreign currencies in CNY

Name Buying Rate Selling Rate Middle Rate
USD 646.02 648.61 645.89
HKD 83.27 83.59 83.26
100JPY 600.81 605.03 598.2
EUR 734.11 739.27 734.39
GBP 944.39 951.03 944.03
Date: 2016-04-29

Source: spot exchange rate at UTC 10:55 am every day on the website of Bank of China