iron ore prices - Latest news GMK Center

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

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

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

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

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

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

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

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

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

Iron ore futures on the Dalyan Commodity Exchange for the week of December 8-15, 2022, increased by 3.1% compared to the previous week

Prices continue to be driven by positive market sentiment and demand expectations in China

Iron ore futures on the Dalyan Commodity Exchange for the week of December 2-9, 2022, increased by 4.5% compared to the previous week