Calculate Iron Ore price instantly
Global Market Map
7-Day Range & Momentum
Based on the last 7 real days of data — a trend readout, not a forecast.
A Fifth Brazilian Iron Ore Miner Halts Output as Freight Costs Rise and Prices Fall
Neutral
Swiss Steel to Sell or Close Two German Plants as Specialty Steel Demand Shrinks
Neutral
Jindal Ferrous Starts Its ₹5,000 Crore Carbon Steel Plant in Odisha's Jajpur
Neutral
Iron Ore Falls Below $90 a Tonne for the First Time Since 2024 on Weak Chinese Demand
Bearish
Odisha Withholds Notices on Alleged Ore Grade Manipulation to Dodge Royalty
Neutral
Hertha Metals Breaks Ground on a $100 Million Plant for Magnet-Grade Iron in Texas
Neutral
Indian Steel Mills Raise Prices for a Third Month as Coal and Freight Costs Climb
Bullish
BHP Cuts About 300 Jobs at Its Pilbara Iron Ore Mines as Fuel and Freight Costs Rise
NeutralIron Ore Prices by Continent
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Market Overview
7-Day Trend
7-Day Range & Momentum
Based on the last 7 real days of data — a trend readout, not a forecast.
Price History
All prices in ₹ per kilogram · daily rate, updated once per day
Iron Ore Price by Weight
Today's Iron Ore rate is Eight Rupees per kilogram. At this rate, 100 grams of Iron Ore costs 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 | ₹0.06 | Less than One Rupees |
| 10 Grams | 10.0000 g | ₹0.08 | Less than One Rupees |
| 100 Grams | 100.0000 g | ₹0.79 | One Rupees |
| 1 Kilogram | 1,000.0000 g | ₹7.85 | Eight Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹0.22 | Less than One Rupees |
| 1 Troy Ounce | 31.1035 g | ₹0.24 | Less than One Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹7,853.00 | Seven Thousand Eight Hundred and Fifty Three Rupees |
Historical Prices — Last 10 Days
The most recent Iron Ore price on record (2026-10-16) is Eight Rupees per kilogram. This is up by Less than One Rupees from the previous day's rate of ₹7.84.
| Date | Price (INR/kg) | Change |
|---|---|---|
| 2026-10-16 | ₹7.85 | +0.01 |
| 2026-10-15 | ₹7.84 | -0.03 |
| 2026-10-14 | ₹7.88 | +0.00 |
| 2026-10-13 | ₹7.87 | -0.04 |
| 2026-10-12 | ₹7.91 | -0.07 |
| 2026-10-11 | ₹7.99 | 0.00 |
| 2026-10-10 | ₹7.99 | -0.04 |
| 2026-10-09 | ₹8.03 | -0.02 |
| 2026-10-08 | ₹8.05 | +0.01 |
| 2026-10-07 | ₹8.05 | — |
Frequently Asked Questions
Today's iron ore price is shown per gram on this page; multiply by 1,000 for the per-kg rate. This tracks the international 62% Fe fines iron ore benchmark (CFR China) — the raw mined ore that miners sell to steel mills, not finished or rolled steel.
No. Iron ore is the raw material smelted into pig iron and then processed into steel products like reinforcement bars (rebar) and structural sections — each step adds smelting, rolling, and local market costs. Finished rebar/structural steel in India typically trades well above the raw iron ore benchmark shown here.
Iron ore prices on MetalsCost are updated daily from commodity market data. Use the 10-day chart to monitor price trends relevant to your procurement planning.
