Iron ore

High-grade iron ore and the future of greener steelmaking

Iron ore is one of the most important steelmaking ingredients used by steelmakers across the globe. With the growing importance of green steel production driving the steel market to decarbonize, demand for low-carbon steelmaking materials is evolving quickly to favor higher grades like the 65% iron ore.

Our team of experts provides global and local data-driven insights, prices, forecasts and market news to help you make sense of the forces influencing the iron ore market.

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Movements in seaborne iron ore prices were largely rangebound on Wednesday July 27 amid thin buying interest and market volatility, sources told Fastmarkets
Seaborne iron ore concentrate and pellet prices fell during the week to Friday July 15 amid limited demand from steelmakers, market sources said
Europe will have to rethink its iron ore supply lines after major producer Metinvest was forced to shut three mining and processing operations, because of logistics issues caused by Russia’s invasion of Ukraine, the GMK Center think-tank told Fastmarkets this week
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