Iron ore futures dropped below CNY 750 per ton in mid-February, hitting seven-month lows, as trading in mainland China paused for the Lunar New Year holiday running from Feb. 16 to 23. The steelmaking ingredient has faced sustained pressure in recent weeks as inventories in China approached record highs and mills scaled back operations ahead of the holiday. At the same time, supply expanded as major exporters Australia and Brazil increased shipments in late January. Meanwhile, work at the SimFer iron ore project in Guinea has been suspended following the death of an employee of a contracting firm. Looking ahead, investors are focused on a key parliamentary meeting in Beijing next month, where authorities are expected to outline annual economic targets and potentially unveil additional stimulus measures.

Iron Ore CNY fell to 746 CNY/T on February 13, 2026, down 2.10% from the previous day. Over the past month, Iron Ore CNY's price has fallen 8.91%, and is down 6.52% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Iron Ore CNY reached an all time high of 1337 in May of 2021. This page includes a chart with historical data for Iron Ore CNY. Iron Ore CNY - data, forecasts, historical chart - was last updated on February 18 of 2026.

Iron Ore CNY fell to 746 CNY/T on February 13, 2026, down 2.10% from the previous day. Over the past month, Iron Ore CNY's price has fallen 8.91%, and is down 6.52% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Iron Ore CNY is expected to trade at 756.32 CNY/T by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 714.31 in 12 months time.



Price Day Month Year Date
Iron Ore CNY 746.00 -16.00 -2.10% -8.91% -6.52% Feb/13
Lithium 143,750.00 1250 0.88% -11.81% 88.52% Feb/13
Platinum 2,051.80 33.50 1.66% -13.63% 109.95% Feb/18
HRC Steel 979.00 0.96 0.10% 4.37% 26.65% Feb/17
Iron Ore 99.74 0.08 0.08% -6.38% -6.56% Feb/17
Titanium 45.50 0 0% 0% 0% Feb/13


Iron Ore CNY
Iron ore is a rock or mineral from which metallic iron can be economically extracted. It is estimated that over 95% of mined iron ore is used to make steel through blast furnaces, which is essential for construction through steel rebars or manufacturing through sheets and coils. Major iron ore miners include Australia, China, Brazil, India, Russia, and South Africa.
Actual Previous Highest Lowest Dates Unit Frequency
746.00 762.00 1337.00 284.00 2013 - 2026 CNY/T daily

News Stream
Iron Ore Halts Trading During Lunar New Year Holiday
Iron ore futures dropped below CNY 750 per ton in mid-February, hitting seven-month lows, as trading in mainland China paused for the Lunar New Year holiday running from Feb. 16 to 23. The steelmaking ingredient has faced sustained pressure in recent weeks as inventories in China approached record highs and mills scaled back operations ahead of the holiday. At the same time, supply expanded as major exporters Australia and Brazil increased shipments in late January. Meanwhile, work at the SimFer iron ore project in Guinea has been suspended following the death of an employee of a contracting firm. Looking ahead, investors are focused on a key parliamentary meeting in Beijing next month, where authorities are expected to outline annual economic targets and potentially unveil additional stimulus measures.
2026-02-16
Iron Ore Stabilizes on Policy Support Hopes
Iron ore futures steadied above CNY 760 per ton after sliding to multi-week lows in recent sessions, as markets drew some support from China’s central bank pledging additional financial backing to boost domestic demand. The pledge comes amid excess industrial capacity and weak consumption, which continue to weigh on business confidence and the growth outlook. Recent data showed consumer prices rose less than expected in January, while producer deflation extended for a 40th consecutive month, underscoring persistent deflationary pressures. Investors are now looking ahead to a key parliamentary meeting in Beijing next month, where authorities are set to outline economic targets for the year and may unveil fresh stimulus measures. Meanwhile, consumption in top importer China softened as manufacturers curtailed activity ahead of the extended Lunar New Year holidays. At the same time, supply pressures increased as major exporters Australia and Brazil ramped up shipments in late January.
2026-02-11
Iron Ore Pressured by Weak China Demand
Iron ore futures held below CNY 770 per ton, hovering near eight-week lows, as demand from top consumer China cooled with manufacturers halting activity ahead of the extended Lunar New Year holidays. Port inventories in China continued to build as the industry entered a seasonal shutdown, with data showing stocks rising above 160 million tons for the first time since February 2022. Supply pressures also mounted as major exporters Australia and Brazil ramped up shipments in late January. Brazilian mining giant Vale said last week it delivered a record volume of iron ore in 2025. In Australia, Port Hedland, the country’s largest iron ore export hub, resumed operations after cyclone warnings were lifted. The terminal handles a significant share of national exports from major miners including BHP Group and Fortescue Ltd.
2026-02-09