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Prices1960–2025US$ per dmtu

Iron ore

Annual average spot price of iron ore in US dollars per dry metric ton unit (dmtu) from the World Bank Pink Sheet.

100.2 USD/dmtuWorld · 2025

World Bank Commodity Markets (Pink Sheet)Published by source: 2026-09-02
Saved data version: retrieved 2026-09-15, ID 7ddc8ed7c4a0Warehouse version at build: v45
Data coverage
  • World: 1960–2025; observations: 66; missing years: 0

Missing years are counted between the first and last observations. A missing value is not zero.

World

66 rows for World

Time range:
0.050.0100.0150.0200.019601970198019902000201020202025100.2
Year

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World

Period statistics

Calculated from the values shown in this view for the selected period. Statistics follow the active display mode.

World

11.4→100.2

Total change
+778.9 %
Annual growth (CAGR)
+3.4 %
Period
1960–2025

World: 11.4 (1960) → 100.2 (2025). Change of +778.9 % over 65 years. Compound annual growth rate (CAGR) of +3.4 % per year.

Compare on chart

Format:
Iron ore — World
YearCountryValue
2025World100.2 USD/dmtu
2024World109.4 USD/dmtu
2023World120.6 USD/dmtu
2022World121.3 USD/dmtu
2021World161.7 USD/dmtu
2020World108.9 USD/dmtu
2019World93.8 USD/dmtu
2018World69.8 USD/dmtu
2017World71.8 USD/dmtu
2016World58.4 USD/dmtu
2015World55.9 USD/dmtu
2014World97 USD/dmtu
2013World135.4 USD/dmtu
2012World128.5 USD/dmtu
2011World167.8 USD/dmtu
2010World145.9 USD/dmtu
2009World80 USD/dmtu
2008World156 USD/dmtu
2007World123 USD/dmtu
2006World69.3 USD/dmtu
Source
World Bank Commodity Markets (Pink Sheet)
Licence
CC BY 4.0
Published by source
2026-09-02
Retrieved
2026-09-15
Indicator code in source
IRON_ORE
Unit of measure
US$ per dmtu
Data version
v45

Cite

Longseries, “Iron ore”. World Bank Commodity Markets (Pink Sheet) (IRON_ORE), 1960–2025, World. Retrieved 2026-09-15. CC BY 4.0. Data version v45. Data SHA-256: 7ddc8ed7c4a0011070303e7620f62c3409c0925f29faeecc88419154af41c1d2. https://longseries.com/en/d/cmo-iron-ore/

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No source revisions recorded yet — revisions are logged when an official source updates historical values.

Latest values

1 place — sorted by value, highest first
Country
World2025100.2 USD/dmtu100.2 USD/dmtu

About this series

Iron ore, cfr spot, US$ per dry metric ton unit. Pink Sheet.

Indicator definition

Column Iron ore, cfr spot. dmtu, not a tonne of steel.

How to read the data

A published unit. We do not convert it to steel.