Iron Ore Index Prices

Iron Ore Seaborne Normalization Differentials
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
High Grade Fe 60-63% USD/dmt | 2.5 ~ 2.5 | 2.5 | +0.25(11.11%) | Jan 29, 2026 |
High Grade Fe 63-64% USD/dmt | 2.75 ~ 2.75 | 2.75 | 0(0.00%) | Jan 29, 2026 |
High Grade Fe 64-65% USD/dmt | 2.75 ~ 2.75 | 2.75 | 0(0.00%) | Jan 29, 2026 |
High Grade Fe 65-65.5% USD/dmt | 2.75 ~ 2.75 | 2.75 | 0(0.00%) | Jan 29, 2026 |
High Fe Grade Al 2.25% USD/dmt | 7 ~ 7 | 7 | +0.25(3.70%) | Jan 29, 2026 |
High Fe Grade Al 2.25-4% USD/dmt | 6.25 ~ 6.25 | 6.25 | 0(0.00%) | Jan 29, 2026 |
High Fe Grade Si 4% USD/dmt | 2.5 ~ 2.5 | 2.5 | 0(0.00%) | Jan 29, 2026 |
High Fe Grade Si 4-6.5% USD/dmt | 4.5 ~ 4.5 | 4.5 | 0(0.00%) | Jan 29, 2026 |
High Fe Grade 0.09%P0.115% USD/dmt | 2.5 ~ 2.5 | 2.5 | 0(0.00%) | Jan 29, 2026 |
High Fe Grade 0.115%P0.15% USD/dmt | 1.75 ~ 1.75 | 1.75 | 0(0.00%) | Jan 29, 2026 |
Iron Ore Port Stock Normalization Differentials
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
High Grade Fe 60-63% USD/tonne | 1.02 ~ 1.02 | 1.02 | 0(0.00%) | Jan 29, 2026 |
High Grade Fe 63-64% USD/tonne | 7.62 ~ 7.62 | 7.62 | 0(0.00%) | Jan 29, 2026 |
High Grade Fe 64-65% USD/tonne | 7.62 ~ 7.62 | 7.62 | 0(0.00%) | Jan 29, 2026 |
High Grade Fe 65-65.5% USD/tonne | 7.62 ~ 7.62 | 7.62 | 0(0.00%) | Jan 29, 2026 |
1% Fe differential (low grade) USD/tonne | 2.03 ~ 2.03 | 2.03 | 0(0.00%) | Jan 29, 2026 |
High Fe Grade Al 2.25% USD/tonne | 0.64 ~ 0.64 | 0.64 | 0(0.00%) | Jan 29, 2026 |
High Fe Grade Al 2.25-4% USD/tonne | 8.38 ~ 8.38 | 8.38 | 0(0.00%) | Jan 29, 2026 |
Low Fe Grade Al 2.25% USD/tonne | 2.54 ~ 2.54 | 2.54 | 0(0.00%) | Jan 29, 2026 |
Low Fe Grade Al 2.25-4% USD/tonne | 4.32 ~ 4.32 | 4.32 | -0.89(-17.07%) | Jan 29, 2026 |
High Fe Grade Si 4% USD/tonne | 0.64 ~ 0.64 | 0.64 | 0(0.00%) | Jan 29, 2026 |
High Fe Grade Si 4-6.5% USD/tonne | 5.08 ~ 5.08 | 5.08 | 0(0.00%) | Jan 29, 2026 |
1% Silica differential (low grade) USD/mt | 0.64 ~ 0.64 | 0.64 | 0(0.00%) | Jan 29, 2026 |
High Fe Grade 0.09%P0.115% USD/tonne | 0.64 ~ 0.64 | 0.64 | 0(0.00%) | Jan 29, 2026 |
High Fe Grade 0.115%P0.15% USD/mt | 0.64 ~ 0.64 | 0.64 | 0(0.00%) | Jan 29, 2026 |
Low Fe Grade 0.09P0.1% USD/tonne | 0.64 ~ 0.64 | 0.64 | 0(0.00%) | Jan 29, 2026 |
Iron Ore Port Stock Differentials To Qingdao
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
Tianjin USD/tonne | -1.91 ~ -1.91 | -1.91 | 0(-0.00%) | Jan 29, 2026 |
Shekou USD/tonne | 0 ~ 0 | 0 | 0(0.00%) | Jan 29, 2026 |
Rizhao USD/tonne | 0 ~ 0 | 0 | 0(0.00%) | Jan 29, 2026 |
Qingdao USD/tonne | 0 ~ 0 | 0 | 0(0.00%) | Jan 29, 2026 |
Nantong USD/tonne | 0 ~ 0 | 0 | 0(0.00%) | Jan 29, 2026 |
Majishan USD/tonne | 0 ~ 0 | 0 | 0(0.00%) | Jan 29, 2026 |
Lianyungang USD/tonne | -0.38 ~ -0.38 | -0.38 | 0(-0.00%) | Jan 29, 2026 |
Lanshan USD/tonne | 0 ~ 0 | 0 | 0(0.00%) | Jan 29, 2026 |
Lanqiao USD/tonne | 0 ~ 0 | 0 | 0(0.00%) | Jan 29, 2026 |
Jingtang USD/tonne | -1.52 ~ -1.52 | -1.52 | 0(-0.00%) | Jan 29, 2026 |
Jiangyin USD/tonne | -1.91 ~ -1.91 | -1.91 | 0(-0.00%) | Jan 29, 2026 |
Fangcheng USD/tonne | -3.18 ~ -3.18 | -3.18 | 0(-0.00%) | Jan 29, 2026 |
Dalian USD/tonne | 0 ~ 0 | 0 | 0(0.00%) | Jan 29, 2026 |
Caofeidian USD/tonne | -1.52 ~ -1.52 | -1.52 | 0(-0.00%) | Jan 29, 2026 |
Beilun USD/tonne | 0 ~ 0 | 0 | 0(0.00%) | Jan 29, 2026 |
Bayuquan USD/tonne | -2.54 ~ -2.54 | -2.54 | 0(-0.00%) | Jan 29, 2026 |
MMi Port Stock Index
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
MMI 61% Iron ore port stock index-Fe content base 61%, aluminum base 2.5%, silica base 4.5%, phosphorus base 0.1%, sulfur base 0.02%, Moisture base 8%-China USD/wmt | 101.9 ~ 101.9 | 101.9 | +0.9(0.88%) | Jan 29, 2026 |
62% Fe Fines (Qingdao Port): IOPI62 USD/tonne | 103.53 ~ 103.53 | 103.53 | 0(0.00%) | Jan 29, 2026 |
62% Fe Fines (Qingdao Port, CFR Equiv.) USD/dmt | 107.91 ~ 107.91 | 107.91 | 0(0.00%) | Jan 29, 2026 |
58% Fe Fines (Qingdao Port): IOPI58 USD/tonne | 90.82 ~ 90.82 | 90.82 | +0.38(0.42%) | Jan 29, 2026 |
58% Fe Fines (Qingdao Port, CFR Equiv.) USD/dmt | 95.79 ~ 95.79 | 95.79 | +0.43(0.45%) | Jan 29, 2026 |
65% Fe Fines (Qingdao Port): IOPI65 USD/tonne | 114.45 ~ 114.45 | 114.45 | +0.13(0.11%) | Jan 29, 2026 |
65% Fe Fines (Qingdao Port, CFR Equiv.) USD/dmt | 120.36 ~ 120.36 | 120.36 | +0.11(0.09%) | Jan 29, 2026 |
62.5% Fe Lump (Qingdao Port, CFR equiv) USD/dmt | 110.48 ~ 110.48 | 110.48 | -1.96(-1.74%) | Jan 23, 2026 |
62.5% Fe Lump (Qingdao Port): IOPLI62 USD/tonne | 109.94 ~ 109.94 | 109.94 | -1.94(-1.74%) | Jan 23, 2026 |
MMi Seaborne Index
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
MMI 61% Iron ore seaborne index-Fe content base 61%, aluminum base 2.5%, silica base 4.5%, phosphorus base 0.1%, sulfur base 0.02%, Moisture base 8%-China USD/dmt | 104.95 ~ 104.95 | 104.95 | +0.34(0.33%) | Jan 29, 2026 |
62% Fe Fines (CFR Qingdao Port): IOSI62 USD/dmt | 106.05 ~ 106.05 | 106.05 | 0(0.00%) | Jan 29, 2026 |
65% Fe Fines (CFR Qingdao Port): IOSI65 USD/dmt | 120.36 ~ 120.36 | 120.36 | +0.16(0.13%) | Jan 29, 2026 |



