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.
Steel's Green Shift Could Run Into a 133-Million-Tonne Iron Ore Shortfall by 2040
Neutral
China Still Makes Half the World's Steel, But 2025 Output Fell Below 1 Billion Tonnes
Neutral
Trump Doubles Canada Auto Tariffs to 50% as Trade Talks Collapse, Killing Hopes for a Steel Tariff Cut
Bullish
A Welsh Steel Plant Is Running Half-Empty After Britain Tripled Vietnam's Duty-Free Import Quota
Bearish
Analysts Cut 2026 Iron Ore Price Forecast to $99 a Tonne as China's Demand Stays Weak
Bearish
Labrador Iron Ore Royalty's Profit Falls 58% as Mine Truck Failures and Wildfires Cut Output
Bearish
Deterra Royalties Posts Record Mining Area C Iron Ore Revenue as Its Thacker Pass Lithium Bet Nears 2027
Bullish
Nuvama Turns Bullish on NMDC Despite an Earnings Miss, Betting Iron Ore Prices Have Bottomed
BullishIron Ore Prices by Continent
LIVE Tracking 22 countries · updating…
Compare Countries
| Country | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Loading prices… | |||||||||
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 | ₹0.07 | Less than One Rupees |
| 10 Grams | 10.0000 g | ₹0.08 | Less than One Rupees |
| 100 Grams | 100.0000 g | ₹0.83 | One Rupees |
| 1 Kilogram | 1,000.0000 g | ₹8.35 | Eight Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹0.24 | Less than One Rupees |
| 1 Troy Ounce | 31.1035 g | ₹0.26 | Less than One Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹8,345.00 | Eight Thousand Three Hundred and Forty Five Rupees |
Historical Prices — Last 10 Days
The most recent Iron Ore price on record (2026-08-31) is Eight Rupees per kilogram. This is up by Less than One Rupees from the previous day's rate of ₹8.34.
| Date | Price (INR/kg) | Change |
|---|---|---|
| 2026-08-31 | ₹8.35 | +0.01 |
| 2026-08-30 | ₹8.34 | 0.00 |
| 2026-08-29 | ₹8.34 | +0.00 |
| 2026-08-28 | ₹8.34 | +0.02 |
| 2026-08-27 | ₹8.32 | +0.02 |
| 2026-08-26 | ₹8.30 | +0.02 |
| 2026-08-25 | ₹8.28 | -0.04 |
| 2026-08-24 | ₹8.31 | +0.01 |
| 2026-08-23 | ₹8.31 | 0.00 |
| 2026-08-22 | ₹8.31 | — |
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.
