Iron ore (62% Fe, CFR China)

Upstream of every tonne of that steel, and the earliest signal that structural costs are about to move.

Last close: 2026-09-09

Traded commodity

99.37

USD / tonne

1 day: −0.65%
1 month: +5.10%
1 year: −6.08%

52-week range 93.66 – 111.42 · last close 2026-09-09

Our analysis of iron ore (62% fe, cfr china)

Written by Wingzman, with the reporting each piece draws on cited in full.

Iron Ore Is Boringly Stable. Two Big Forces Are Cancelling Out.
The 62% Fe benchmark has held a US$93–100 band since June. Chinese imports up 6 per cent against weak steel demand, Simandou still ramping, and Vale trimming guidance — a soft raw material sitting under very expensive finished steel.
11 September 2026 · 5 min read · 3 sources

Elsewhere in the press

Reporting from the trade and financial press. Links go to the publisher; we did not write these.

Iron Ore Falls 1.62% as China Import Surge Meets Weak Steel
The Rio Times · 3 September 2026
Iron Ore Price Forecast: Top Trends for Iron Ore in 2026
Nasdaq
Iron Ore Market 2026: China’s Shifting Demand and Simandou Supply to Drive Prices Lower
IndexBox

Headlines reviewed 2026-09-11.