Iron Ore - Fe 60% to 63% - Magnetite
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Is the price right? Market checkSupplier based in FinlandOn Global Trade Plaza since Oct 2026Similar products from other sellers
Products Description
Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in colour from dark grey, bright yellow, or deep purple to rusty red. The iron itself is usually found in the form of magnetite, hematite, goethite, limonite or siderite. The primary use of iron ore is in the production of iron. Most of the iron produced is then used to make� steel.� Steel� is used to make automobiles, locomotives, ships, beams used in buildings, furniture, paper clips, tools, reinforcing rods for� concrete, bicycles, and thousands of other items.
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Market check · updated 5 Nov 2026
Is the price right? Iron ore prices
In Oct 2026, Iron ore, cfr spot averaged US$91 per dry tonne, down 12.3% on a year earlier. The world price is a reference grade; ask the seller for a firm quote for this product.
World reference · Iron ore, cfr spot, Oct 2026
US$91 / dry tonne
-12.3% vs Oct 2025
| Iron ore, cfr spot | Oct 2025 · 104 | Apr 2026 · 106 | Oct 2026 · 91 |
|---|
Sources: World Bank Commodity Price Data (Pink Sheet), Oct 2026.
Who trades iron ore · 2024
Biggest importers and exporters
Imports, US$ million
Exports, US$ million
Source: UN Comtrade, HS 2601, 2024, as reported by each country.
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Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in colour from dark grey, bright yellow, or deep purple to rusty red. The iron itself is usually found in the form of magnetite, hematite, goethite, limonite or siderite. The primary use of iron ore is in the production of iron. Most of the iron produced is then used to make steel. Steel is used to make automobiles, locomotives, ships, beams used in buildings, furniture, paper clips, tools, reinforcing rods for concrete, bicycles, and thousands of other items.
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About Supplier
Ulrich And Co. Trading is a B2B supplier based in Finland, listed on Global Trade Plaza since October 2026. Use Inquire now or Chat with supplier to ask Ulrich And Co. Trading for prices, specifications and documents for Iron Ore - Fe 60% to 63% - Magnetite.
Supplier Details for Iron Ore - Fe 60% to 63% - Magnetite
- Member since - Oct 2026
- Business Type - Contact Seller
- Deals in Product Type - Iron Ore
- Country - Finland
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Ulrich And Co. Trading, a B2B supplier from Finland, dispatches Iron Ore - Fe 60% to 63% - Magnetite primarily through the port at Finland. Packaging types (e.g., bulk, custom, eco-friendly) and estimated pricing may vary based on order volume and destination. To get detailed logistics and pricing information, use Get a quote or Chat with supplier, or Sign Up for direct supplier interaction.
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