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Iron Ore Index prices

Switch to Originalswitch

MMi Seaborne Index

Price description
Price Range
Avg.
Change
Date
MMI 61% Iron ore seaborne index-Fe content base 61%, aluminum base 2.5%, silica base 4.5%, phosphorus base 0.1%, sulfur base 0.02%, Moisture base 8%-China (USD/dmt)
109.05-109.05
109.05
-1.2
May 12, 2026
62% Fe Fines (CFR Qingdao Port): IOSI62 (USD/dmt)
106.05-106.05
106.05
0
Mar 23, 2026
65% Fe Fines (CFR Qingdao Port): IOSI65 (USD/dmt)
126.75-126.75
126.75
-0.95
May 12, 2026

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MMi Port Stock Index

Price description
Price Range
Avg.
Change
Date
MMI 61% Iron ore Port stock index-Fe content base 61%, aluminum base 2.5%, silica base 4.5%, phosphorus base 0.1%, sulfur base 0.02%, Moisture base 8%-China (USD/wmt)
103.5-103.5
103.5
-0.4
May 12, 2026
62% Fe Fines (Qingdao Port): IOPI62 (USD/tonne)
104.51-104.51
104.51
+0.14
Mar 20, 2026
62% Fe Fines (Qingdao Port, CFR Equiv.) (USD/dmt)
107.91-107.91
107.91
0
Mar 23, 2026
58% Fe Fines (Qingdao Port): IOPI58 (USD/tonne)
93.54-93.54
93.54
-0.49
May 12, 2026
58% Fe Fines (Qingdao Port, CFR Equiv.) (USD/dmt)
98.36-98.36
98.36
-0.54
May 12, 2026
65% Fe Fines (Qingdao Port): IOPI65 (USD/tonne)
123.68-123.68
123.68
-1
May 12, 2026
65% Fe Fines (Qingdao Port, CFR Equiv.) (USD/dmt)
129.89-129.89
129.89
-1.05
May 12, 2026
62.5% Fe Lump (Qingdao Port, CFR equiv) (USD/dmt)
125.66-125.66
125.66
+5.87
May 08, 2026
62.5% Fe Lump (Qingdao Port): IOPLI62 (USD/tonne)
124.68-124.68
124.68
+5.87
May 08, 2026

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Iron Ore Seaborne Normalization Differentials

Price description
Price Range
Avg.
Change
Date
High Fe Grade 0.115%P0.15% (USD/dmt )
1.75-1.75
1.75
0
May 12, 2026
High Fe Grade 0.09%P0.115% (USD/dmt )
1.75-1.75
1.75
0
May 12, 2026
High Fe Grade Si 4-6.5% (USD/dmt)
6.75-6.75
6.75
0
May 12, 2026
High Fe Grade Si 4% (USD/dmt)
2.75-2.75
2.75
0
May 12, 2026
High Fe Grade Al 2.25-4% (USD/dmt)
7.5-7.5
7.5
-0.25
May 12, 2026
High Fe Grade Al 2.25% (USD/dmt)
7.5-7.5
7.5
-0.25
May 12, 2026
High Grade Fe 65-65.5% (USD/dmt)
2-2
2
0
May 12, 2026
High Grade Fe 64-65% (USD/dmt)
2-2
2
0
May 12, 2026
High Grade Fe 63-64% (USD/dmt)
2-2
2
0
May 12, 2026
High Grade Fe 60-63% (USD/dmt)
5.75-5.75
5.75
-0.25
May 12, 2026

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Iron Ore Port Stock Normalization Differentials

Price description
Price Range
Avg.
Change
Date
Low Fe Grade 0.09P0.1% (USD/tonne)
1.17-1.17
1.17
-0.26
May 12, 2026
High Fe Grade 0.115%P0.15% (USD/mt)
1.3-1.3
1.3
+0.65
May 12, 2026
High Fe Grade 0.09%P0.115% (USD/tonne)
1.3-1.3
1.3
+0.65
May 12, 2026
1% Silica differential (low grade) (USD/mt)
5.59-5.59
5.59
+0.91
May 12, 2026
High Fe Grade Si 4-6.5% (USD/tonne)
1.04-1.04
1.04
0
May 12, 2026
High Fe Grade Si 4%  (USD/tonne)
0.65-0.65
0.65
0
May 12, 2026
Low Fe Grade Al 2.25-4% (USD/tonne)
0.65-0.65
0.65
0
May 12, 2026
Low Fe Grade Al 2.25% (USD/tonne)
4.55-4.55
4.55
0
May 12, 2026
High Fe Grade Al 2.25-4% (USD/tonne)
6.5-6.5
6.5
0
May 12, 2026
High Fe Grade Al 2.25% (USD/tonne)
5.85-5.85
5.85
0
May 12, 2026
1% Fe differential (low grade) (USD/tonne)
5.07-5.07
5.07
+0.52
May 12, 2026
High Grade Fe 65-65.5% (USD/tonne)
0.65-0.65
0.65
0
May 12, 2026
High Grade Fe 64-65%  (USD/tonne)
0.65-0.65
0.65
0
May 12, 2026
High Grade Fe 63-64%  (USD/tonne)
0.65-0.65
0.65
0
May 12, 2026
High Grade Fe 60-63%  (USD/tonne)
2.73-2.73
2.73
-0.65
May 12, 2026

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Iron Ore Port Stock Differentials To Qingdao

Price description
Price Range
Avg.
Change
Date
Bayuquan (USD/tonne)
-2.6--2.6
-2.6
0
May 12, 2026
Beilun (USD/tonne)
0-0
0
0
May 12, 2026
Caofeidian (USD/tonne)
-1.04--1.04
-1.04
+0.26
May 12, 2026
Dalian (USD/tonne)
0-0
0
0
May 12, 2026
Fangcheng (USD/tonne)
-3.25--3.25
-3.25
0
May 12, 2026
Jiangyin (USD/tonne)
-2.34--2.34
-2.34
0
May 12, 2026
Jingtang (USD/tonne)
-1.3--1.3
-1.3
+0.26
May 12, 2026
Lanqiao (USD/tonne)
0-0
0
0
May 12, 2026
Lanshan (USD/tonne)
0-0
0
0
May 12, 2026
Lianyungang (USD/tonne)
-0.26--0.26
-0.26
0
May 12, 2026
Majishan (USD/tonne)
0-0
0
0
May 12, 2026
Nantong (USD/tonne)
0-0
0
0
May 12, 2026
Qingdao (USD/tonne)
0-0
0
0
May 12, 2026
Rizhao (USD/tonne)
0-0
0
0
May 12, 2026
Shekou (USD/tonne)
0-0
0
0
May 12, 2026
Tianjin (USD/tonne)
-1.3--1.3
-1.3
0
May 12, 2026

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