Iron ore market
Follow the critical developments facing the iron ore market, including iron ore market forecasts and analysis
The iron ore market moves fast, driving critical industries like steelmaking. Shaped by factors such as supply, demand, geopolitics and sustainability, it presents continuous challenges for businesses aiming to stay ahead.
Fastmarkets provides the clarity you need to navigate this dynamic market. Backed by decades of expertise and up-to-the-minute data, we deliver insights that empower you to make confident, informed decisions.
Tapping the iron ore market
Timely, verified information is the key to staying ahead in a competitive landscape. Fastmarkets delivers essential updates on prices, supply chains and industry developments, ensuring you’re always well-informed and ready to act. Our comprehensive coverage includes:
- Iron ore price trends and forward-looking forecasts
- Policy and trade developments shaping the market
- Sustainability and emissions trends driving demand shifts
- Insights into mining production and export data
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The Chinese steel market is expected to remain reliant on export-led growth for the rest of 2025, amid poor domestic consumption and a lack of investor confidence in the property sector, delegates were told at the Singapore International Iron Ore Forum on Wednesday May 28.
Seaborne iron ore prices are on the rise due to increased trading activity and stable market fundamentals, highlighting steady demand and opportunities for growth while emphasizing the importance of monitoring market trends to manage risks effectively.
South Africa’s newly approved Critical Minerals and Metals Strategy and the draft of the 2025 Mineral Resources Development Bill (MRDB) have drawn significant attention from global market participants, particularly manganese and chrome buyers in China.
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Iron ore 61% Fe fines, cfr Qingdao, $/tonne
Iron ore spot 67.5% Fe magnetite-hematite pellet feed price differential, cfr Qingdao, $/tonne
Iron ore 65% Fe concentrate premium, cfr Qingdao, $/tonne
Iron ore 67.5% Fe pellet feed, cfr Qingdao, $/tonne
Iron ore 67.5% Fe pellet feed premium, cfr Qingdao, $/tonne
Iron ore DR-grade pellet premium indicator, $/tonne
Pig iron, import, cfr China, $/tonne
Iron ore pellet premium over 65% Fe fines, cfr China, $/tonne
Iron ore 62% Fe low-alumina fines, cfr Qingdao, $/tonne
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