Iron Ore
Minerals · HS 2601 · verified suppliers & live price
About Iron Ore
Iron ore is a naturally occurring mineral containing iron oxides, essential for steel production, which accounts for approximately 98% of its industrial demand. Major traded grades include hematite (65-70% Fe content) and magnetite (60-65% Fe content), priced by iron concentration and impurity levels including silica, alumina, and phosphorus. The principal forms are lump ore, fines, and pellets, with fines requiring agglomeration before blast furnace use. Australia, Brazil, and India dominate global production and exports, collectively supplying over 75% of seaborne trade. Buyers should verify ore specifications against contract benchmarks, as phosphorus content above 0.10% significantly impacts steelmaking costs and can trigger price adjustments or rejection.
Specifications
- Grade / spec
- 62% Fe fines, CFR China
- HS code
- 2601
- Trading unit
- MT
- Category
- Minerals
- Pricing basis
- Genesis Index reference
- Buyer protection
- Escrow.com · inspection on release
Genesis Sourcing Intelligence™
On the Genesis network, Iron Ore currently matches 59 verified suppliers across 7 countries, with an indicative benchmark price. Its Genesis Sourcing Index of 79/100 reflects strong sourcing availability — expect fast, competitive firm offers, every one escrow-protected.
Computed live from the Genesis network — verified‑supplier availability, geographic reach and price transparency. Recalculated continuously; found only on Genesis.
Verified Iron Ore suppliers
Frequently asked questions
What is the current price of Iron Ore?
Iron Ore is priced at approximately $108.42 per MT on the live Genesis Index. Request a quote for a firm, escrow-protected offer.
How available is Iron Ore to source?
Iron Ore carries a Genesis Sourcing Index of 79/100 (Strong), based on 59 verified suppliers across 7 countries on the network and live benchmark pricing. Sourcing is strong — competitive firm offers typically return fast.
Who are verified suppliers of Iron Ore?
Genesis Trade lists verified Iron Ore suppliers and exporters worldwide, including LafargeHolcim, Iron Srl Import Export, Ironhawk Resources (Iron Ore Operations) Pty Ltd, Msa Green Iron Food Import Export Pty Ltd. Every transaction is escrow-protected.
How do I buy Iron Ore safely?
Request a quote on Genesis Trade. Payment is held by Escrow.com — a US-licensed, regulated escrow provider — and released only after independent inspection and your confirmation of the goods.