Iron Ore Falls to $102 a tonne

Iron Ore falls 2.1% in July 2026 to $102 a tonne and up 0.4% from a year earlier. Ore feeds the steel PPI with a lag, so this is the upstream read on next quarter's mill offers.

• July 2026: $102 a tonne
• on the month: -2.1%
• on the year: +0.4%

The print sits 35% of the way up the archived range of $96 a tonne (June 2025) to $112 a tonne (May 2026), with the standing trend falling.

The year-over-year comparison is against July 2025, which printed $101 a tonne. Source: IMF global price via FRED. The number above is the agency's published value, unrounded; the history and any later revisions stay queryable on the live data page.