Iron Ore Prices

09-12-2025 - Over the past month, the price of Iron Ore (Nymex) has experienced a slight increase, rising from $105.08/t to $106.42/t. This modest uptick suggests potential changes in demand or supply dynamics affecting the market value of this raw material. The forecast anticipates a further increase to $106.81/t, a marginal rise of $0.39/t or 0.4% from the current price of $106.42/t. Overall, the price trend remains relatively stable, with minimal risk of significant fluctuations in the market.

The forecast also indicates a potential downward price impact of -$1.93/t, primarily influenced by Technical data, especially Trend Following. While Flows and Supply data suggest upward pressure on prices, Demand and Technical data point towards a decline, resulting in mixed signals for the raw material market.

Additionally, a report from Reuters highlights that China's steel production is expected to fall below 1 billion metric tons by 2025, while iron ore imports are projected to reach a new record high. This scenario implies a potential increase in demand for iron ore, which could support higher prices. This information aligns with the forecasted upward trend in iron ore prices, suggesting that despite mixed signals, there may be underlying support for price increases in the near future.