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 / Ferrous Metals
 / Iron Ore Index

Iron Ore Index prices

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Iron Ore Seaborne Normalization Differentials

Price description
Price Range
Avg.
Change
Date
High Fe Grade Si 4-6.5% (USD/dmt)
0.25-0.25
0.25
0
Apr 25, 2025
High Fe Grade Si 4% (USD/dmt)
0.25-0.25
0.25
0
Apr 25, 2025
High Fe Grade Al 2.25-4% (USD/dmt)
0.75-0.75
0.75
0
Apr 25, 2025
High Fe Grade Al 2.25% (USD/dmt)
0.5-0.5
0.5
0
Apr 25, 2025
High Grade Fe 65-65.5% (USD/dmt)
0.25-0.25
0.25
0
Apr 25, 2025
High Grade Fe 64-65% (USD/dmt)
0.25-0.25
0.25
0
Apr 25, 2025
High Grade Fe 63-64% (USD/dmt)
0.25-0.25
0.25
0
Apr 25, 2025
High Grade Fe 60-63% (USD/dmt)
4.5-4.5
4.5
+0.25
Apr 25, 2025

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Iron Ore Port Stock Normalization Differentials

Price description
Price Range
Avg.
Change
Date
Low Fe Grade 0.09P0.1% (USD/mt)
0.61-0.61
0.61
0
Apr 25, 2025
High Fe Grade 0.115%P0.15% (USD/mt)
0.61-0.61
0.61
0
Apr 25, 2025
High Fe Grade 0.09%P0.115% (USD/mt)
0.61-0.61
0.61
0
Apr 25, 2025
High Fe Grade Si 4-6.5% (USD/mt)
2.54-2.54
2.54
+0.48
Apr 25, 2025
High Fe Grade Si 4%  (USD/mt)
2.66-2.66
2.66
+0.24
Apr 25, 2025
Low Fe Grade Al 2.25-4% (USD/mt)
3.63-3.63
3.63
0
Apr 25, 2025
Low Fe Grade Al 2.25% (USD/mt)
1.09-1.09
1.09
+0.48
Apr 25, 2025
High Fe Grade Al 2.25-4% (USD/mt)
0.61-0.61
0.61
0
Apr 25, 2025
High Fe Grade Al 2.25% (USD/mt)
4.6-4.6
4.6
+0.61
Apr 25, 2025
1% Fe differential (low grade) (USD/mt)
2.06-2.06
2.06
+0.12
Apr 25, 2025
High Grade Fe 65-65.5% (USD/mt)
1.57-1.57
1.57
0
Apr 25, 2025
High Grade Fe 64-65%  (USD/mt)
1.57-1.57
1.57
0
Apr 25, 2025
High Grade Fe 63-64%  (USD/mt)
1.57-1.57
1.57
0
Apr 25, 2025
High Grade Fe 60-63%  (USD/mt)
0.73-0.73
0.73
+0.12
Apr 25, 2025

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Iron Ore Port Stock Differentials To Qingdao

Price description
Price Range
Avg.
Change
Date
Bayuquan (USD/mt)
-6.05--6.05
-6.05
0
Apr 25, 2025
Beilun (USD/mt)
0-0
0
0
Apr 25, 2025
Caofeidian (USD/mt)
-0.61--0.61
-0.61
0
Apr 25, 2025
Dalian (USD/mt)
0-0
0
0
Apr 25, 2025
Fangcheng (USD/mt)
-3.03--3.03
-3.03
0
Apr 25, 2025
Jiangyin (USD/mt)
-2.42--2.42
-2.42
0
Apr 25, 2025
Jingtang (USD/mt)
-1.21--1.21
-1.21
0
Apr 25, 2025
Lanqiao (USD/mt)
0-0
0
0
Apr 25, 2025
Lanshan (USD/mt)
0-0
0
0
Apr 25, 2025
Lianyungang (USD/mt)
0-0
0
0
Apr 25, 2025
Majishan (USD/mt)
0-0
0
0
Apr 25, 2025
Nantong (USD/mt)
0-0
0
0
Apr 25, 2025
Qingdao (USD/mt)
0-0
0
0
Apr 25, 2025
Rizhao (USD/mt)
0-0
0
0
Apr 25, 2025
Shekou (USD/mt)
0-0
0
0
Apr 25, 2025
Tianjin (USD/mt)
-2.42--2.42
-2.42
0
Apr 25, 2025

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MMi Port Stock Index

Price description
Price Range
Avg.
Change
Date
62% Fe Fines (Qingdao Port): IOPI62 (USD/mt)
93.24-93.24
93.24
-0.36
Apr 25, 2025
62% Fe Fines (Qingdao Port, CFR Equiv.) (USD/dmt)
98.98-98.98
98.98
-0.44
Apr 25, 2025
58% Fe Fines (Qingdao Port): IOPI58 (USD/mt)
80.89-80.89
80.89
-0.12
Apr 25, 2025
58% Fe Fines (Qingdao Port, CFR Equiv.) (USD/dmt)
86.42-86.42
86.42
+0.03
Apr 25, 2025
65% Fe Fines (Qingdao Port): IOPI65 (USD/mt)
106.68-106.68
106.68
-0.48
Apr 25, 2025
65% Fe Fines (Qingdao Port, CFR Equiv.) (USD/dmt)
113.89-113.89
113.89
-0.41
Apr 25, 2025
62.5% Fe Lump (Qingdao Port, CFR equiv) (USD/dmt)
112.16-112.16
112.16
+1.69
Apr 25, 2025
62.5% Fe Lump (Qingdao Port): IOPLI62 (USD/mt)
109.59-109.59
109.59
+1.71
Apr 25, 2025

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MMi Seaborne Index

Price description
Price Range
Avg.
Change
Date
62% Fe Fines (CFR Qingdao Port): IOSI62 (USD/dmt)
102.72-102.72
102.72
-0.61
Apr 25, 2025
65% Fe Fines (CFR Qingdao Port): IOSI65 (USD/dmt)
106.54-106.54
106.54
-0.89
Apr 25, 2025

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