Iron Ore 62% fe decreased 10.85 USD/MT or 11.72% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.
Historically, Iron Ore 62% FE reached an all time high of 188.90 in February of 2011. Iron Ore 62% FE - data, forecasts, historical chart - was last updated on April of 2020.
Iron Ore 62% FE is expected to trade at 78.58 USD/MT by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 69.85 in 12 months time.