Quick Conversions
Iron Ore Price Today — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
Iron Ore Price Today in India
The iron ore price today in India comes to ₹0.01 per gram, which works out to roughly ₹8.53 per kilogram as of September 17, 2026. Nobody in the steel trade actually buys iron ore by the gram, of course — the market runs on tonnes — but converting the benchmark this way makes it directly comparable to every other metal tracked on this site.
One thing worth clearing up before anything else: this is the price of raw iron ore, not finished steel or construction rebar. The two get confused constantly, and it's an easy mistake to make. Iron ore is the mined mineral that gets smelted into steel; rebar and structural steel are manufactured products with processing, energy, and labour cost layered on top, and they trade at a very different level as a result.
- 1 gram: ₹0.01
- 10 grams: ₹0.09
- 1 kilogram: ₹8.53
- 1 metric tonne: ₹8,533.00
The benchmark itself tracks the international seaborne iron ore trade — priced against 62% Fe fines delivered to China, the reference grade the whole market watches — converted into rupees at the day's exchange rate. It's a genuinely global number before it's a local one.
Iron Ore Price Today — Per Kg and Per Tonne
Today's Iron Ore rate is Less than One Rupees per gram. At this rate, 10 grams of Iron Ore costs Less than One Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹0.01 | Less than One Rupees |
| 8 Grams | 8.0000 g | ₹0.07 | Less than One Rupees |
| 10 Grams | 10.0000 g | ₹0.09 | Less than One Rupees |
| 100 Grams | 100.0000 g | ₹0.85 | One Rupees |
| 1 Kilogram | 1,000.0000 g | ₹8.53 | Nine Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹0.24 | Less than One Rupees |
| 1 Troy Ounce | 31.1035 g | ₹0.27 | Less than One Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹8,533.00 | Eight Thousand Five Hundred and Thirty Three Rupees |
Why Today's Number Rarely Moves in a Straight Line
Iron ore doesn't behave like gold or a fast-trading financial instrument, and today's reading should be read with that in mind. It's a bulk industrial commodity whose price is set far more by steel-mill demand — overwhelmingly Chinese demand, since China alone produces roughly half the world's steel — than by investor sentiment. A quiet week in construction activity or a slowdown at Chinese mills shows up here well before it shows up anywhere else in the metals complex.
What actually moves between one day and the next
Three things do most of the work: how Chinese steel output is trending, how much ore Australian and Brazilian exporters are shipping that week, and the day's USD/INR rate, since the underlying benchmark is set in dollars before it ever reaches this page. None of those three reset overnight, which is part of why iron ore's daily moves tend to look calmer than a currency or a precious metal's — even though the underlying market can shift meaningfully over a month or a quarter.
Iron Ore Price Today — Last 10 Days
The most recent Iron Ore price on record (2026-09-17) is Less than One Rupees per gram.
| Date | Price (INR/g) | Change |
|---|---|---|
| 2026-09-17 | ₹0.01 | +0.00 |
| 2026-09-16 | ₹0.01 | 0.00 |
| 2026-09-15 | ₹0.01 | 0.00 |
| 2026-09-14 | ₹0.01 | +0.00 |
| 2026-09-13 | ₹0.01 | +0.00 |
| 2026-09-12 | ₹0.01 | 0.00 |
| 2026-09-11 | ₹0.01 | 0.00 |
| 2026-09-10 | ₹0.01 | 0.00 |
| 2026-09-09 | ₹0.01 | +0.00 |
| 2026-09-08 | ₹0.01 | — |
Reading Today's Price in Context
A single day's iron ore price is a data point, not a verdict. The comparison card above and the 10-day table below exist for exactly this reason — to show whether today's number is a continuation of a trend or a one-off wobble. Anyone using this figure for procurement planning, an equity thesis on a mining stock, or simple curiosity about a commodity that quietly underwrites a huge share of global construction should look at the trend line before reacting to any single reading.
For the exact historical figures by year, rather than a rolling 10-day window, the dedicated iron ore price history pages carry that detail — worth a look if you're trying to place today's rate against a longer stretch of time.
Iron Ore Price Today — Common Questions
The iron ore price today in India works out to ₹0.01 per gram, or ₹8.53 per kilogram, as of September 17, 2026. It updates daily and reflects the international seaborne benchmark converted into rupees.
No — and this is the single most common mix-up on this topic. This page tracks iron ore, the raw mineral input, priced against the international 62% Fe fines benchmark. Finished steel and construction rebar are manufactured products that carry processing, energy, and fabrication costs on top of the ore price, so they trade at a noticeably different level.
International iron ore trade is quoted per dry metric tonne, but this page converts that into a per-gram and per-kg figure so it's easy to compare against how MetalsCost prices every other metal. Multiply the per-kg number by 1,000 to get a rough tonne-equivalent for comparison purposes.
The rate is refreshed daily, tracking movement in the underlying international benchmark and the USD/INR exchange rate. Iron ore is a bulk industrial commodity, so day-to-day swings tend to be steadier than a fast-moving financial asset, but they are real and worth checking rather than assuming yesterday's number still holds.
The year-by-year iron ore price history pages on MetalsCost carry the detailed figures — see the related links below for 2024 and 2025.
