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iron ore prices - Latest news GMK Center

Photo – Iron ore prices held at $133/t for the second week in a row
Iron ore prices held at $133/t for the second week in a row

Iron ore futures on the Dalian Commodity Exchange for the week of March 3-10, 2023, increased by 0.9% compared to the previous week

Photo – Market optimism pushed iron ore prices to an 8-month high
Market optimism pushed iron ore prices to an 8-month high

Iron ore futures on the Dalian Commodity Exchange for the week of February 24 – March 3, 2023, increased by 1.8% compared to the previous week

Photo – Iron ore prices are rising amid increased steel production in China
Iron ore prices are rising amid increased steel production in China

Iron ore futures on the Dalian Commodity Exchange for the week of February 17-24, 2023, increased by 1.5% compared to the previous week

Photo – Goldman Sachs predicts an increase in iron ore prices in the second quarter of 2023
Goldman Sachs predicts an increase in iron ore prices in the second quarter of 2023

Amid a supply shortage, the cost of iron ore may reach $150/ton

Photo – Iron ore prices increase amid rising incomes of Chinese steelmakers
Iron ore prices increase amid rising incomes of Chinese steelmakers

Iron ore futures on the Dalian Exchange for the week of February 3-10, 2023, increased by 1.1% compared to the previous week

Photo – China iron ore prices adjust amid government price controls
China iron ore prices adjust amid government price controls

Iron ore futures on the Dalian Exchange for the week of January 27 – February 3, 2023, fell by 1.2% compared to the previous week

Photo – Iron ore prices fall to $127.5/t after last week’s highs
Iron ore prices fall to $127.5/t after last week’s highs

Iron ore futures on the Dalian Commodity Exchange for the week of January 13-20, 2023, fell by 2.6% compared to the previous week

Photo – China will face an oversupply of iron ore in 2023
China will face an oversupply of iron ore in 2023

During the year, overall iron ore supply will increase, while demand among steelmakers is likely to decrease

Photo – Iron ore prices reached a 17-month high of $131/t
Iron ore prices reached a 17-month high of $131/t

The limited supply of iron ore on the Chinese market contributes to the increase in prices

Photo – Iron ore prices ended 2022 with growth of 43% y/y – $124.1/t
Iron ore prices ended 2022 with growth of 43% y/y – $124.1/t

Iron ore futures on the Dalyan Commodity Exchange for the week of December 23-30, 2022, increased by 5.1% compared to the previous week

Photo – Iron ore prices fell to $118/t due to weakening optimism in China
Iron ore prices fell to $118/t due to weakening optimism in China

Iron ore futures on the Dalian Commodity Exchange for the week of December 16-23, 2022, fell by 2.05% compared to the previous week

Photo – Australia has lowered its iron ore price forecast for 2022-2023
Australia has lowered its iron ore price forecast for 2022-2023

The average price of iron ore this year will be $102/ton

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