Materials and producer prices

Iron ore price

Name: Iron ore price — U.S. manufacturing data
Creator: MFG Calcs
License: https://creativecommons.org/licenses/by/4.0/

As of May 2026, iron ore price stands at $112 USD/tonne (IMF global price via FRED), rising over the recent window.

What this measures and why it matters

Iron ore price tracks what producers charge for the raw and semi-finished inputs that dominate a manufactured product's bill of materials. Quotes priced off last quarter's material cost erode margin when this index climbs, so estimators watch it to keep pricing current.
The figure comes from IMF global price via FRED and is reported in USD/tonne. MFG Calcs archives every published value, so the chart and table below show the full recorded history rather than a single snapshot, and they extend automatically as new data lands.

Latest reading: $112 USD/tonne for May 2026.
Prior period: $109 (Apr 2026), a rise of 2.26.
Compared with a year earlier, iron ore price is up 11.3%.
Across the archived window the high was $112 in May 2026 and the low was $96 in Jun 2025.
The series has moved up for 3 consecutive periods.
13 observations have been archived so far, and this page deepens automatically each time IMF global price via FRED publishes a new figure.

Last reviewed 2026-05-12.