SMM Index Prices
Base Metals
Precious
Ferrous Metals
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
62% Fe Fines (Qingdao Port): IOPI62-0.62 USD/mt | 100.75 ~ 100.75 | 100.75 | +1.63(1.64%) | Dec 16, 2025 |
SMMI. Coke-A<13，S<0.7，CSR>60，MT<0-National USD/mt | 213.65 ~ 213.65 | 213.65 | +0.27(0.12%) | Dec 16, 2025 |
Rebar-HRB400/HRB400E-Φ18-22-National USD/mt | 395.86 ~ 395.86 | 395.86 | +1.62(0.41%) | Dec 16, 2025 |
SMMI.HRC-Q235B-5.75*1500mm-National USD/mt | 408.79 ~ 408.79 | 408.79 | +1.57(0.38%) | Dec 16, 2025 |
Iron Ore Port Stock Differentials To Qingdao
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
Jingtang USD/mt | -1.25 ~ -1.25 | -1.25 | 0(0.12%) | Dec 16, 2025 |
Beilun USD/mt | 0 ~ 0 | 0 | 0(0.00%) | Dec 16, 2025 |
Nantong USD/mt | 0 ~ 0 | 0 | 0(0.00%) | Dec 16, 2025 |
Dalian USD/mt | 0 ~ 0 | 0 | 0(0.00%) | Dec 16, 2025 |
Tianjin USD/mt | -1.25 ~ -1.25 | -1.25 | 0(0.12%) | Dec 16, 2025 |
Lanshan USD/mt | 0 ~ 0 | 0 | 0(0.00%) | Dec 16, 2025 |
Lanqiao USD/mt | 0 ~ 0 | 0 | 0(0.00%) | Dec 16, 2025 |
Rizhao USD/mt | 0 ~ 0 | 0 | 0(0.00%) | Dec 16, 2025 |
Caofeidian USD/mt | -1 ~ -1 | -1 | 0(0.12%) | Dec 16, 2025 |
Jiangyin USD/mt | -2.51 ~ -2.51 | -2.51 | 0(0.12%) | Dec 16, 2025 |
Shekou USD/mt | 0 ~ 0 | 0 | 0(0.00%) | Dec 16, 2025 |
Lianyungang USD/mt | -0.63 ~ -0.63 | -0.63 | 0(0.12%) | Dec 16, 2025 |
Fangcheng USD/mt | -3.13 ~ -3.13 | -3.13 | 0(0.12%) | Dec 16, 2025 |
Qingdao USD/mt | 0 ~ 0 | 0 | 0(0.00%) | Dec 16, 2025 |
Majishan USD/mt | 0 ~ 0 | 0 | 0(0.00%) | Dec 16, 2025 |
Bayuquan USD/mt | -5.64 ~ -5.64 | -5.64 | -0.01(0.12%) | Dec 16, 2025 |
Huanghua USD/mt | 0 ~ 0 | 0 | 0(0.00%) | Oct 08, 2024 |
Iron Ore Port Stock Normalization Differentials
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
1% Fe differential (low grade) USD/mt | 2.38 ~ 2.38 | 2.38 | +0.13(5.69%) | Dec 16, 2025 |
1% Silica differential (low grade) USD/mt | 0.88 ~ 0.88 | 0.88 | +0.13(16.81%) | Dec 16, 2025 |
High Fe Grade 0.09%P0.115% USD/mt | 0.63 ~ 0.63 | 0.63 | 0(0.12%) | Dec 16, 2025 |
High Fe Grade 0.115%P0.15% USD/mt | 0.63 ~ 0.63 | 0.63 | 0(0.12%) | Dec 16, 2025 |
High Fe Grade Al 2.25-4% USD/mt | 10.02 ~ 10.02 | 10.02 | +0.01(0.12%) | Dec 16, 2025 |
High Fe Grade Al 2.25% USD/mt | 2.26 ~ 2.26 | 2.26 | 0(0.12%) | Dec 16, 2025 |
High Fe Grade Si 4-6.5% USD/mt | 4.39 ~ 4.39 | 4.39 | -0.62(-12.39%) | Dec 16, 2025 |
High Fe Grade Si 6.5-9% USD/mt | 0.7 ~ 0.7 | 0.7 | -0.01(-1.63%) | Nov 05, 2025 |
High Fe Grade Si 4% USD/mt | 1 ~ 1 | 1 | -0.5(-33.25%) | Dec 16, 2025 |
High Grade Fe 60-63% USD/mt | 1.13 ~ 1.13 | 1.13 | 0(0.12%) | Dec 16, 2025 |
High Grade Fe 63-64% USD/mt | 0.63 ~ 0.63 | 0.63 | 0(0.12%) | Dec 16, 2025 |
High Grade Fe 64-65% USD/mt | 0.63 ~ 0.63 | 0.63 | 0(0.12%) | Dec 16, 2025 |
High Grade Fe 65-65.5% USD/mt | 0.63 ~ 0.63 | 0.63 | 0(0.12%) | Dec 16, 2025 |
Low Fe Grade 0.09P0.1% USD/mt | 0.63 ~ 0.63 | 0.63 | 0(0.12%) | Dec 16, 2025 |
Low Fe Grade Al 2.25-4% USD/mt | 3.51 ~ 3.51 | 3.51 | 0(0.12%) | Dec 16, 2025 |
Low Fe Grade Al 2.25% USD/mt | 2.51 ~ 2.51 | 2.51 | 0(0.12%) | Dec 16, 2025 |
Iron Ore Seaborne Normalization Differentials
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
High Fe Grade 0.09%P0.115% USD/dmt | 1 ~ 1 | 1 | +0.25(33.33%) | Dec 16, 2025 |
High Fe Grade 0.115%P0.15% USD/dmt | 1.25 ~ 1.25 | 1.25 | 0(0.00%) | Dec 16, 2025 |
High Fe Grade Al 2.25-4% USD/dmt | 5.5 ~ 5.5 | 5.5 | 0(0.00%) | Dec 16, 2025 |
High Fe Grade Al 2.25% USD/dmt | 5.5 ~ 5.5 | 5.5 | 0(0.00%) | Dec 16, 2025 |
High Fe Grade Si 4-6.5% USD/dmt | 3 ~ 3 | 3 | -0.25(-7.69%) | Dec 16, 2025 |
High Fe Grade Si 4% USD/dmt | 2.75 ~ 2.75 | 2.75 | +0.25(10.00%) | Dec 16, 2025 |
High Grade Fe 60-63% USD/dmt | 2.75 ~ 2.75 | 2.75 | -0.25(-8.33%) | Dec 16, 2025 |
High Grade Fe 63-64% USD/dmt | 2.75 ~ 2.75 | 2.75 | 0(0.00%) | Dec 16, 2025 |
High Grade Fe 64-65% USD/dmt | 2.75 ~ 2.75 | 2.75 | 0(0.00%) | Dec 16, 2025 |
High Grade Fe 65-65.5% USD/dmt | 2.75 ~ 2.75 | 2.75 | 0(0.00%) | Dec 16, 2025 |
MMi Port Stock Index
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
62.5% Fe Lump (Qingdao Port): IOPLI62 USD/mt | 108.21 ~ 108.21 | 108.21 | +0.22(0.20%) | Dec 12, 2025 |
62.5% Fe Lump (Qingdao Port, CFR equiv) USD/dmt | 109.1 ~ 109.1 | 109.1 | +0.06(0.06%) | Dec 12, 2025 |
58% Fe Fines (Qingdao Port): IOPI58 USD/mt | 88.09 ~ 88.09 | 88.09 | +0.49(0.55%) | Dec 16, 2025 |
58% Fe Fines (Qingdao Port, CFR Equiv.) USD/dmt | 92.92 ~ 92.92 | 92.92 | +0.36(0.39%) | Dec 16, 2025 |
62% Fe Fines (Qingdao Port): IOPI62 USD/mt | 100.75 ~ 100.75 | 100.75 | +1.63(1.64%) | Dec 16, 2025 |
62% Fe Fines (Qingdao Port, CFR Equiv.) USD/dmt | 105.73 ~ 105.73 | 105.73 | +1.75(1.68%) | Dec 16, 2025 |
65% Fe Fines (Qingdao Port): IOPI65 USD/mt | 114.78 ~ 114.78 | 114.78 | +1.77(1.57%) | Dec 16, 2025 |
65% Fe Fines (Qingdao Port, CFR Equiv.) USD/dmt | 120.94 ~ 120.94 | 120.94 | +1.75(1.47%) | Dec 16, 2025 |
MMi Seaborne Index
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
58% Fe Fines (CFR Qingdao Port): IOSI58 USD/dmt | ~ | - | Invalid Date | |
62% Fe Fines (CFR Qingdao Port): IOSI62 USD/dmt | 105.87 ~ 105.87 | 105.87 | +0.97(0.92%) | Dec 16, 2025 |
65% Fe Fines (CFR Qingdao Port): IOSI65 USD/dmt | 118.96 ~ 118.96 | 118.96 | +0.03(0.03%) | Dec 16, 2025 |
