Steel·Commodity Hub
Iron Ore Prices
Iron Ore Prices: iron ore fines, lump, pellets and port prices. 75 series on FOB and CFR bases in USD, CNY and INR. Latest assessment, date and unit for each series.
Iron Ore Market Assessments
Latest observation per series. Select a row to show its level and chart here.
67% Fe IO pellet feed CFR Middle East
$120.15/dmt · 29 Oct 2026 · CFR Middle East
Observations · USD/dmt
| Date | USD/dmt |
|---|---|
| 29 Oct 2026 | $120.15 |
| 28 Oct 2026 | $119.05 |
| 27 Oct 2026 | $118.35 |
| 26 Oct 2026 | $118.95 |
| 23 Oct 2026 | $119.05 |
| 22 Oct 2026 | $118.25 |
| 21 Oct 2026 | $119.35 |
| 20 Oct 2026 | $119.50 |
| 19 Oct 2026 | $119.85 |
| 14 Oct 2026 | $118.95 |
| 13 Oct 2026 | $119.05 |
| 12 Oct 2026 | $118.90 |
| 8 Oct 2026 | $119.25 |
| 7 Oct 2026 | $119.45 |
| 6 Oct 2026 | $119.60 |
| 2 Oct 2026 | $119.40 |
| 1 Oct 2026 | $120.55 |
| 30 Sep 2026 | $121.60 |
| 29 Sep 2026 | $122.15 |
| 28 Sep 2026 | $123.50 |
| 25 Sep 2026 | $124.00 |
| 24 Sep 2026 | $124.50 |
| 22 Sep 2026 | $124.85 |
| 21 Sep 2026 | $126.20 |
| 17 Sep 2026 | $125.55 |
| 14 Sep 2026 | $124.50 |
| 10 Sep 2026 | $127.85 |
| 9 Sep 2026 | $129.05 |
| 8 Sep 2026 | $130.80 |
| 7 Sep 2026 | $130.35 |
| 4 Sep 2026 | $129.85 |
| 3 Sep 2026 | $129.10 |
| 2 Sep 2026 | $127.15 |
| 1 Sep 2026 | $129.05 |
| 31 Aug 2026 | $129.65 |
| 28 Aug 2026 | $128.55 |
| 27 Aug 2026 | $128.00 |
| 26 Aug 2026 | $128.40 |
| 25 Aug 2026 | $127.75 |
| 21 Aug 2026 | $126.45 |
| 19 Aug 2026 | $126.65 |
| 18 Aug 2026 | $126.30 |
Swipe sideways for basis, change and date. The unit is printed with each price.
| Benchmark Name | Latest Price | Assessment Date | Change vs Previous | Delivery Basis | Term | Trend |
|---|---|---|---|---|---|---|
| $91.35/dmt | 29 Oct 2026 | +1.20(+1.3%) vs 28 Oct 2026 | CFR North China | CFR | ||
| $107.30/dmt | 29 Oct 2026 | +1.20(+1.1%) vs 28 Oct 2026 | CFR North China | CFR | ||
| $80.65/dmt | 29 Oct 2026 | +1.00(+1.3%) vs 28 Oct 2026 | CFR North China | CFR | ||
| $2.45/dmt | 29 Oct 2026 | 0.00(0.0%) vs 28 Oct 2026 | 61/62% Fe Transitional Basis Spread | — | ||
| $91.35/dmt | 29 Oct 2026 | +1.20(+1.3%) vs 28 Oct 2026 | CFR China | CFR | ||
| $90.71/dmt | 29 Oct 2026 | +0.03(+0.0%) vs 28 Oct 2026 | CFR China | CFR | ||
| $0.2300/dmtu | 29 Oct 2026 | 0.00(0.0%) vs 28 Oct 2026 | Spot lump premium assessment | — | ||
| $0.2300/dmtu | 29 Oct 2026 | 0.00(0.0%) vs 28 Oct 2026 | Lump premium | — | ||
| $106.75/dmt | 29 Oct 2026 | +1.10(+1.0%) vs 28 Oct 2026 | Lump outright | — | ||
| ¥667.00/wmt | 29 Oct 2026 | +6.00(+0.9%) vs 28 Oct 2026 | IOPEX FOT North China | — | ||
| $91.40/dmt | 29 Oct 2026 | +0.95(+1.1%) vs 28 Oct 2026 | IOPEX IPP North China ($/dmt) | — | ||
| ¥674.00/wmt | 29 Oct 2026 | 0.00(0.0%) vs 28 Oct 2026 | IOPEX FOT North China rolling monthly avg. | — | ||
| ¥656.00/wmt | 29 Oct 2026 | +6.00(+0.9%) vs 28 Oct 2026 | Pilbara Blend Fines FOT North China | — | ||
| ¥659.00/wmt | 29 Oct 2026 | +6.00(+0.9%) vs 28 Oct 2026 | Newman High Grade Fines FOT North China | — | ||
| ¥504.00/wmt | 29 Oct 2026 | +6.00(+1.2%) vs 28 Oct 2026 | Super Special Fines FOT North China | — | ||
| ¥796.00/wmt | 29 Oct 2026 | +6.00(+0.8%) vs 28 Oct 2026 | Carajas (IOCJ) Fines FOT North China | — | ||
| ¥830.00/wmt | 29 Oct 2026 | +6.00(+0.7%) vs 28 Oct 2026 | Newman Blend Lump FOT North China | — | ||
| $0.3000/dmtu | 29 Oct 2026 | 0.00(0.0%) vs 28 Oct 2026 | Newman Blend Lump Premium IPP North China ($/dmtu) | — | ||
| ¥661.00/wmt | 29 Oct 2026 | +8.00(+1.2%) vs 28 Oct 2026 | IOPEX FOT East China | — | ||
| $91.13/dmt | 29 Oct 2026 | +1.08(+1.2%) vs 28 Oct 2026 | IOPEX IPP East China ($/dmt) | — | ||
| ¥660.00/wmt | 29 Oct 2026 | 0.00(0.0%) vs 28 Oct 2026 | IOPEX FOT East China rolling monthly avg. | — | ||
| ¥650.00/wmt | 29 Oct 2026 | +7.00(+1.1%) vs 28 Oct 2026 | Pilbara Blend Fines FOT East China | — | ||
| ¥650.00/wmt | 29 Oct 2026 | +7.00(+1.1%) vs 28 Oct 2026 | Newman High Grade Fines FOT East China | — | ||
| ¥502.00/wmt | 29 Oct 2026 | +7.00(+1.4%) vs 28 Oct 2026 | Super Special Fines FOT East China | — | ||
| ¥805.00/wmt | 29 Oct 2026 | +7.00(+0.9%) vs 28 Oct 2026 | Carajas (IOCJ) Fines FOT East China | — | ||
| ¥821.00/wmt | 29 Oct 2026 | +7.00(+0.9%) vs 28 Oct 2026 | Pilbara Blend Lump FOT East China | — | ||
| $0.2900/dmtu | 29 Oct 2026 | 0.00(0.0%) vs 28 Oct 2026 | Pilbara Blend Lump Premium IPP East China ($/dmtu) | — | ||
| ¥685.00/wmt | 29 Oct 2026 | +10.00(+1.5%) vs 28 Oct 2026 | IOPEX FOT Yangtze River Ports China | — | ||
| $94.03/dmt | 29 Oct 2026 | +1.47(+1.6%) vs 28 Oct 2026 | IOPEX IPP Yangtze River Ports China ($/dmt) | — | ||
| ¥675.00/wmt | 29 Oct 2026 | +10.00(+1.5%) vs 28 Oct 2026 | Pilbara Blend Fines FOT Yangtze River Port China | — | ||
| ¥675.00/wmt | 29 Oct 2026 | +10.00(+1.5%) vs 28 Oct 2026 | Newman High Grade Fines FOT Yangtze River Port China | — | ||
| ¥890.00/dmt | 29 Oct 2026 | 0.00(0.0%) vs 28 Oct 2026 | DDP Tangshan VAT-inclusive | — | ||
| $0.71/dmt | 29 Oct 2026 | 0.00(0.0%) vs 28 Oct 2026 | IODEX Carbon intensity premium | — | ||
| $92.06/dmt | 29 Oct 2026 | +1.20(+1.3%) vs 28 Oct 2026 | Carbon-accounted IODEX | — | ||
| $1.55/dmt | 29 Oct 2026 | 0.00(0.0%) vs 28 Oct 2026 | Per 1% Fe | — | ||
| $1.80/dmt | 29 Oct 2026 | 0.00(0.0%) vs 28 Oct 2026 | Per 1% Alumina | — | ||
| $1.05/dmt | 29 Oct 2026 | 0.00(0.0%) vs 28 Oct 2026 | Per 1% Silica | — | ||
| $1.50/dmt | 29 Oct 2026 | +0.05(+3.4%) vs 28 Oct 2026 | Per 1% Fe | — | ||
| $2.80/dmt | 29 Oct 2026 | 0.00(0.0%) vs 28 Oct 2026 | Per 1% Alumina | — | ||
| $2.60/dmt | 29 Oct 2026 | 0.00(0.0%) vs 28 Oct 2026 | Per 1% Silica | — | ||
| $26.45/dmt | 29 Oct 2026 | 0.00(0.0%) vs 28 Oct 2026 | CFR China 65% Fe spot assessment (61% Fe basis) | CFR | ||
| $16.75/dmt | 29 Oct 2026 | 0.00(0.0%) vs 28 Oct 2026 | CFR China 63% Fe spot premium assessment | CFR | ||
| $111.05/dmt | 29 Oct 2026 | +1.10(+1.0%) vs 28 Oct 2026 | CFR China 63% Fe spot fixed price assessment | CFR | ||
| $39.00/dmt | 29 Oct 2026 | 0.00(0.0%) vs 28 Oct 2026 | Atlantic Blast Furnace pellet premium (basis IODEX) | — | ||
| $37.00/dmt | 29 Oct 2026 | 0.00(0.0%) vs 28 Oct 2026 | Atlantic Blast Furnace pellet premium (basis 65% Fe fines) | — | ||
| $65.00/dmt | 29 Oct 2026 | 0.00(0.0%) vs 28 Oct 2026 | Direct Reduction 67.5% Fe pellet premium (basis IODEX) | — | ||
| $58.00/dmt | 29 Oct 2026 | 0.00(0.0%) vs 28 Oct 2026 | Direct Reduction 67.5% Fe pellet premium (65% Fe basis) | — | ||
| 187.56 ¢/dmtu | 29 Oct 2026 | 0.00(0.0%) vs 28 Oct 2026 | FOB Brazil (¢/dmtu) | FOB | ||
| $126.60/dmt | 29 Oct 2026 | 0.00(0.0%) vs 28 Oct 2026 | FOB Brazil (dmt) | FOB | ||
| $120.15/dmt | 29 Oct 2026 | +1.10(+0.9%) vs 28 Oct 2026 | CFR Middle East | CFR | ||
| ₹27600.00/mt | 29 Oct 2026 | +100.00(+0.4%) vs 28 Oct 2026 | Direct reduced iron Ex-works Raipur | — | ||
| $290.00/mt | 29 Oct 2026 | +1.00(+0.3%) vs 28 Oct 2026 | Direct reduced iron Ex-works Raipur | — | ||
| -$0.10/dmt | 29 Oct 2026 | 0.00 vs 28 Oct 2026 | Physical structure | — | ||
| $3.50/dmt | 8 Oct 2026 | 0.00(0.0%) vs 7 Oct 2026 | Per 1% Alumina | — | ||
| $4.50/dmt | 8 Oct 2026 | 0.00(0.0%) vs 7 Oct 2026 | Per 1% Silica | — | ||
| $90.75/dmt | 29 Oct 2026 | +1.25(+1.4%) vs 28 Oct 2026 | CFR Qingdao | CFR | ||
| $95.95/dmt | 29 Oct 2026 | +1.25(+1.3%) vs 28 Oct 2026 | CFR Qingdao | CFR | ||
| $90.50/dmt | 29 Oct 2026 | +1.20(+1.3%) vs 28 Oct 2026 | CFR Qingdao | CFR | ||
| $90.55/dmt | 29 Oct 2026 | +1.20(+1.3%) vs 28 Oct 2026 | CFR Qingdao | CFR | ||
| $87.45/dmt | 29 Oct 2026 | +1.20(+1.4%) vs 28 Oct 2026 | CFR Qingdao | CFR | ||
| -$0.25/dmt | 29 Oct 2026 | +0.15 vs 28 Oct 2026 | CFR Qingdao | CFR | ||
| $1.60/dmt | 29 Oct 2026 | +0.10(+6.7%) vs 28 Oct 2026 | CFR Qingdao | CFR | ||
| -$0.35/dmt | 29 Oct 2026 | +0.10 vs 28 Oct 2026 | CFR Qingdao | CFR | ||
| -$0.10/dmt | 28 Oct 2026 | -0.05 vs 27 Oct 2026 | CFR Qingdao | CFR | ||
| -$2.85/dmt | 29 Oct 2026 | +0.10 vs 28 Oct 2026 | CFR Qingdao | CFR | ||
| -$0.60/dmt | 29 Oct 2026 | +0.05 vs 28 Oct 2026 | CFR Qingdao | CFR | ||
| $4.60/dmt | 29 Oct 2026 | +0.05(+1.1%) vs 28 Oct 2026 | CFR Qingdao | CFR | ||
| -$0.85/dmt | 29 Oct 2026 | 0.00 vs 28 Oct 2026 | CFR Qingdao | CFR | ||
| -$0.80/dmt | 29 Oct 2026 | 0.00 vs 28 Oct 2026 | CFR Qingdao | CFR | ||
| -$3.90/dmt | 29 Oct 2026 | 0.00 vs 28 Oct 2026 | CFR Qingdao | CFR | ||
| $0.10/dmt | 29 Oct 2026 | -0.05(-33.3%) vs 28 Oct 2026 | CFR Qingdao | CFR | ||
| -$0.55/dmt | 29 Oct 2026 | 0.00 vs 28 Oct 2026 | CFR Qingdao | CFR | ||
| -$1.50/dmt | 29 Oct 2026 | 0.00 vs 28 Oct 2026 | CFR Qingdao | CFR | ||
| -$0.40/dmt | 29 Oct 2026 | 0.00 vs 28 Oct 2026 | CFR Qingdao | CFR | ||
| -$1.35/dmt | 29 Oct 2026 | 0.00 vs 28 Oct 2026 | CFR Qingdao | CFR |
Specifications, coverage and how to compare
Trading Basis & Assessment Specifications
Each series keeps its own delivery basis and published unit.
Hub Coverage
- 75 series with a loaded observation; 75 daily and 0 weekly.
- Units: USD/dmt (50), CNY/wmt (17), USD/dmtu (4), CNY/dmt (1), INR/mt (1), USc/dmtu (1), USD/mt (1). Values in different units are not converted or compared on this site.
- Delivery terms in the basis column: no Incoterm stated (44), CFR (29), FOB (2). Different delivery terms are not interchangeable; the gap may reflect freight, insurance, basis, parcel and timing differences.
- Latest assessment dates range from 8 Oct 2026 to 29 Oct 2026; compare only series with the same date.
How to Compare These Series
- All series in this hub are daily assessments; the change shown compares two consecutive daily readings.
- FOB series (2) price the cargo at the loading port; CFR series (29) include freight to the named destination. Compare within one delivery term; the gap between terms may reflect freight, insurance, location basis, parcel size and timing, and is neither a margin nor a freight rate.
- Units differ: USD/dmt (50), USD/dmtu (4), CNY/wmt (17), CNY/dmt (1), USc/dmtu (1), INR/mt (1), USD/mt (1). Pick the series in the unit you trade; this site does not convert between them.
Based on each series delivery term, unit and type. No average across bases or units is computed for this hub.
Sources for the explanations on this page
- ICC Incoterms® 2020 rules (FOB, CFR, CIF, FCA definitions) — Meaning of the delivery terms used in the basis column.
- Basis and unit as shown in the table
Prices and dates are published observations. Counts and ranges above are computed from those observations (methodology).