NMDC's Iron Ore Output Rises 18% in October, but a Rain-Hit Rail Line Cuts Its Sales
Neutral
18 hours ago
India's Steel Exports to the EU Fall 20% While Shipments to the Americas Jump
Neutral
2 days ago
Vale's Third-Quarter Profit Falls 53% on Lower Iron Ore Prices and Higher Costs
Bearish
5 days ago
Indian Rebar Prices Overtake Hot-Rolled Coil as Long Steel Gains, Nomura Says
Bearish
Oct 29, 2026
US and Canada Are in Talks to Ease Steel and Auto Tariffs, Sources Say
Neutral
Oct 29, 2026
LME Starts Trading Its First Steel Contract Based on a Shanghai Exchange Price
Neutral
Oct 29, 2026
Iron Ore Falls to a Two-Year Low as China's Steel Demand Weakens
Bearish
Oct 28, 2026
BlueScope Lifts Its Profit Forecast to Nearly A$1.1 Billion on Wider US Steel Margins
Neutral
Oct 27, 2026
Iron Ore Prices by Continent
LIVE Tracking 22 countries · updating…
🌏
Asia
🌍
Europe
🌎
North America
🌎
South America
🌍
Africa
🌏
Oceania
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
Iron Ore
Price (₩/kg)
Period Open₩110.24
Period High₩112.38
Period Low₩110.24
Prev. Close₩111.27
All prices in ₩ per kilogram · daily rate, updated once per day
Iron Ore Price by Weight
Today's Iron Ore rate in South Korea is One Hundred and Twelve Won per kilogram. At this rate, 100 grams of Iron Ore costs Eleven Won.
| Unit | Weight | Price (KRW) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₩0.11 | Less than One Won |
| 8 Grams | 8.0000 g | ₩0.90 | One Won |
| 10 Grams | 10.0000 g | ₩1.12 | One Won |
| 100 Grams | 100.0000 g | ₩11.24 | Eleven Won |
| 1 Kilogram | 1,000.0000 g | ₩112.38 | One Hundred and Twelve Won |
| 1 Ounce (oz) | 28.3495 g | ₩3.19 | Three Won |
| 1 Troy Ounce | 31.1035 g | ₩3.50 | Three Won |
| 1 Metric Ton | 1,000,000.0000 g | ₩112,379.00 | One Hundred and Twelve Thousand Three Hundred and Seventy Nine Won |
Historical Prices — Last 10 Days
The most recent Iron Ore price in South Korea on record (2026-11-05) is One Hundred and Twelve Won per kilogram. This is up by One Won from the previous day's rate of ₩111.27.
| Date | Price (KRW/kg) | Change |
|---|---|---|
| 2026-11-05 | ₩112.38 | +1.11 |
| 2026-11-04 | ₩111.27 | -0.49 |
| 2026-11-03 | ₩111.76 | +0.61 |
| 2026-11-02 | ₩111.15 | +0.89 |
| 2026-11-01 | ₩110.26 | -0.01 |
| 2026-10-31 | ₩110.27 | +0.03 |
| 2026-10-30 | ₩110.24 | -0.37 |
| 2026-10-29 | ₩110.61 | -0.40 |
| 2026-10-28 | ₩111.01 | +1.27 |
| 2026-10-27 | ₩109.74 | — |
