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  2. Commodities
  3. Iron Ore Spot Price

Iron Ore Spot Price

Commodity Information for Iron Ore (ORE)

Value: 100.37
Change:  -0.15 (-0.15%)
Units: USD/t
High: 100.37
Low: 100.37
Category: Base Metals
Iron Ore Live PriceLast checked at -

6 Month Iron Ore Chart

Symbol COM:ORE
Value 100.37
Daily Change -0.15
Currency USD
Units t
Daily % Change -0.15%
Weekly % Change -0.76%
Monthly % Change -8.14%
Yearly % Change 6.23%
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About Iron Ore

Iron ore is a key commodity used in the production of steel, a fundamental material in construction, manufacturing, and infrastructure development. It is mined from deposits worldwide and primarily consists of hematite and magnetite ores. Iron ore undergoes beneficiation and smelting processes to extract iron metal, which is then alloyed with carbon and other elements to produce steel. Major producers include Australia, Brazil, and China.

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