Quarterly iron ore prices have globally declined since the first quarter (Q1) of 2023, when they stood at approximately * U.S. dollars per metric ton. By Q2 2025, one metric ton of iron ore cost around U.S. dollars, representing a decline of about U.S. dollars per metric ton of iron ore worldwide since Q1 2023.
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FocusEconomics. (July 7, 2025). Quarterly price of iron ore worldwide from Q4 2022 to Q2 2025 (in U.S. dollars per metric ton) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 03, 2026, from /statistics/1536158/quarterly-price-of-iron-ore-worldwide/
FocusEconomics. "Quarterly price of iron ore worldwide from Q4 2022 to Q2 2025 (in U.S. dollars per metric ton)." Chart. July 7, 2025. ÌÇÐÄÆÆ½â°æ. Accessed August 03, 2026. /statistics/1536158/quarterly-price-of-iron-ore-worldwide/
FocusEconomics. (2025). Quarterly price of iron ore worldwide from Q4 2022 to Q2 2025 (in U.S. dollars per metric ton). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 03, 2026. /statistics/1536158/quarterly-price-of-iron-ore-worldwide/
FocusEconomics. "Quarterly Price of Iron Ore Worldwide from Q4 2022 to Q2 2025 (in U.S. Dollars per Metric Ton)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 7 Jul 2025, /statistics/1536158/quarterly-price-of-iron-ore-worldwide/
FocusEconomics, Quarterly price of iron ore worldwide from Q4 2022 to Q2 2025 (in U.S. dollars per metric ton) ÌÇÐÄÆÆ½â°æ, /statistics/1536158/quarterly-price-of-iron-ore-worldwide/ (last visited August 03, 2026)
Quarterly price of iron ore worldwide from Q4 2022 to Q2 2025 (in U.S. dollars per metric ton) [Graph], FocusEconomics, July 7, 2025. [Online]. Available: /statistics/1536158/quarterly-price-of-iron-ore-worldwide/