
Minerals · HS 2601 · verified suppliers & live price
Iron ore is the primary raw material for steel production, accounting for approximately 98% of mined iron's industrial application. Major traded grades include hematite (Fe2O3, 65-70% iron content) and magnetite (Fe3O4, 60-65% iron content), often standardized as pellets or fines with specified iron percentages and gangue compositions. Australia, Brazil, and India dominate global production and exports, collectively supplying over 75% of internationally traded volumes. China is the world's largest importer. Quality assessment requires verification of iron content, silica levels, phosphorus content, and moisture specifications, as these directly impact blast furnace efficiency and final steel quality. Buyers should prioritize certificates of analysis and understand penalty clauses for off-specification deliveries.
On the Genesis network, Iron Ore (Raw) 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.
Iron Ore (Raw) is priced at approximately $110.68 per MT on the live Genesis Index. Request a quote for a firm, escrow-protected offer.
Iron Ore (Raw) 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.
Genesis Trade lists verified Iron Ore (Raw) 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.
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.