Iron Ore Index Prices
Iron Ore Seaborne Normalization Differentials
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
High Grade Fe 60-63% USD/dmt | 3 ~ 3 | 3 | 0(0.00%) | Dec 12, 2025 |
High Grade Fe 63-64% USD/dmt | 2.75 ~ 2.75 | 2.75 | 0(0.00%) | Dec 12, 2025 |
High Grade Fe 64-65% USD/dmt | 2.75 ~ 2.75 | 2.75 | 0(0.00%) | Dec 12, 2025 |
High Grade Fe 65-65.5% USD/dmt | 2.75 ~ 2.75 | 2.75 | 0(0.00%) | Dec 12, 2025 |
High Fe Grade Al 2.25% USD/dmt | 5.5 ~ 5.5 | 5.5 | +0.25(4.76%) | Dec 12, 2025 |
High Fe Grade Al 2.25-4% USD/dmt | 5.5 ~ 5.5 | 5.5 | 0(0.00%) | Dec 12, 2025 |
High Fe Grade Si 4% USD/dmt | 2.5 ~ 2.5 | 2.5 | 0(0.00%) | Dec 12, 2025 |
High Fe Grade Si 4-6.5% USD/dmt | 3.25 ~ 3.25 | 3.25 | +0.5(18.18%) | Dec 12, 2025 |
High Fe Grade 0.09%P0.115% USD/dmt | 0.75 ~ 0.75 | 0.75 | 0(0.00%) | Dec 12, 2025 |
High Fe Grade 0.115%P0.15% USD/dmt | 1.25 ~ 1.25 | 1.25 | 0(0.00%) | Dec 12, 2025 |
Iron Ore Port Stock Normalization Differentials
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
High Grade Fe 60-63% USD/mt | 1.13 ~ 1.13 | 1.13 | 0(0.07%) | Dec 12, 2025 |
High Grade Fe 63-64% USD/mt | 0.63 ~ 0.63 | 0.63 | 0(0.07%) | Dec 12, 2025 |
High Grade Fe 64-65% USD/mt | 0.63 ~ 0.63 | 0.63 | 0(0.07%) | Dec 12, 2025 |
High Grade Fe 65-65.5% USD/mt | 0.63 ~ 0.63 | 0.63 | 0(0.07%) | Dec 12, 2025 |
1% Fe differential (low grade) USD/mt | 2.13 ~ 2.13 | 2.13 | 0(0.07%) | Dec 12, 2025 |
High Fe Grade Al 2.25% USD/mt | 2.25 ~ 2.25 | 2.25 | 0(0.07%) | Dec 12, 2025 |
High Fe Grade Al 2.25-4% USD/mt | 10.01 ~ 10.01 | 10.01 | +0.01(0.07%) | Dec 12, 2025 |
Low Fe Grade Al 2.25% USD/mt | 2.5 ~ 2.5 | 2.5 | 0(0.07%) | Dec 12, 2025 |
Low Fe Grade Al 2.25-4% USD/mt | 3.5 ~ 3.5 | 3.5 | 0(0.07%) | Dec 12, 2025 |
High Fe Grade Si 4% USD/mt | 1.5 ~ 1.5 | 1.5 | 0(0.07%) | Dec 12, 2025 |
High Fe Grade Si 4-6.5% USD/mt | 5 ~ 5 | 5 | 0(0.07%) | Dec 12, 2025 |
1% Silica differential (low grade) USD/mt | 0.75 ~ 0.75 | 0.75 | 0(0.07%) | Dec 12, 2025 |
High Fe Grade 0.09%P0.115% USD/mt | 0.63 ~ 0.63 | 0.63 | 0(0.07%) | Dec 12, 2025 |
High Fe Grade 0.115%P0.15% USD/mt | 0.63 ~ 0.63 | 0.63 | 0(0.07%) | Dec 12, 2025 |
Low Fe Grade 0.09P0.1% USD/mt | 0.63 ~ 0.63 | 0.63 | 0(0.07%) | Dec 12, 2025 |
Iron Ore Port Stock Differentials To Qingdao
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
Tianjin USD/mt | -1.25 ~ -1.25 | -1.25 | 0(0.07%) | Dec 12, 2025 |
Shekou USD/mt | 0 ~ 0 | 0 | 0(0.00%) | Dec 12, 2025 |
Rizhao USD/mt | 0 ~ 0 | 0 | 0(0.00%) | Dec 12, 2025 |
Qingdao USD/mt | 0 ~ 0 | 0 | 0(0.00%) | Dec 12, 2025 |
Nantong USD/mt | 0 ~ 0 | 0 | 0(0.00%) | Dec 12, 2025 |
Majishan USD/mt | 0 ~ 0 | 0 | 0(0.00%) | Dec 12, 2025 |
Lianyungang USD/mt | -0.63 ~ -0.63 | -0.63 | 0(0.07%) | Dec 12, 2025 |
Lanshan USD/mt | 0 ~ 0 | 0 | 0(0.00%) | Dec 12, 2025 |
Lanqiao USD/mt | 0 ~ 0 | 0 | 0(0.00%) | Dec 12, 2025 |
Jingtang USD/mt | -1.25 ~ -1.25 | -1.25 | 0(0.07%) | Dec 12, 2025 |
Jiangyin USD/mt | -2.5 ~ -2.5 | -2.5 | 0(0.07%) | Dec 12, 2025 |
Fangcheng USD/mt | -3.13 ~ -3.13 | -3.13 | 0(0.07%) | Dec 12, 2025 |
Dalian USD/mt | 0 ~ 0 | 0 | 0(0.00%) | Dec 12, 2025 |
Caofeidian USD/mt | -1 ~ -1 | -1 | 0(0.07%) | Dec 12, 2025 |
Beilun USD/mt | 0 ~ 0 | 0 | 0(0.00%) | Dec 12, 2025 |
Bayuquan USD/mt | -5.63 ~ -5.63 | -5.63 | 0(0.07%) | Dec 12, 2025 |
MMi Port Stock Index
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
62% Fe Fines (Qingdao Port): IOPI62 USD/mt | 100.08 ~ 100.08 | 100.08 | +0.07(0.07%) | Dec 12, 2025 |
62% Fe Fines (Qingdao Port, CFR Equiv.) USD/dmt | 105.13 ~ 105.13 | 105.13 | +0.07(0.07%) | Dec 12, 2025 |
58% Fe Fines (Qingdao Port): IOPI58 USD/mt | 87.95 ~ 87.95 | 87.95 | +0.31(0.35%) | Dec 12, 2025 |
58% Fe Fines (Qingdao Port, CFR Equiv.) USD/dmt | 92.93 ~ 92.93 | 92.93 | +0.34(0.37%) | Dec 12, 2025 |
65% Fe Fines (Qingdao Port): IOPI65 USD/mt | 113.97 ~ 113.97 | 113.97 | +0.08(0.07%) | Dec 12, 2025 |
65% Fe Fines (Qingdao Port, CFR Equiv.) USD/dmt | 120.24 ~ 120.24 | 120.24 | +0.08(0.07%) | 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 |
62.5% Fe Lump (Qingdao Port): IOPLI62 USD/mt | 108.21 ~ 108.21 | 108.21 | +0.22(0.20%) | Dec 12, 2025 |
MMi Seaborne Index
| Product | Price Range | Avg. | Change | Date |
|---|---|---|---|---|
62% Fe Fines (CFR Qingdao Port): IOSI62 USD/dmt | 105.11 ~ 105.11 | 105.11 | -0.2(-0.19%) | Dec 12, 2025 |
65% Fe Fines (CFR Qingdao Port): IOSI65 USD/dmt | 119.13 ~ 119.13 | 119.13 | -1.08(-0.90%) | Dec 12, 2025 |
