Iron Ore Price Rises On China Steel Demand Opti... Here

Iron ore prices continue their upward trend in April - GMK Center

: Global supply is expected to increase in 2026, notably from new projects like the Simandou mine in Guinea, which shipped its first volumes recently. Market Summary (April 2026) Latest Value / Trend Benchmark Price (62% Fe) ~$108 - $109/t CFR Monthly Change Key Demand Factor Chinese seasonal steel production Key Supply Factor Increasing seaborne shipments (Australia/Brazil) Iron ore price rises on China steel demand opti...

As of April 2026, iron ore prices have experienced a notable uptick, increasing by approximately to roughly $109.34/t CFR . This rally is primarily fueled by a surge in optimism surrounding Chinese steel demand as the country enters its traditional peak construction season. Core Drivers of the Price Rise Iron ore prices continue their upward trend in

: Market sentiment has been buoyed by signals from the People's Bank of China regarding soft monetary policy and potential stimulus measures aimed at stabilizing the infrastructure and real estate sectors. Potential Market Headwinds Core Drivers of the Price Rise : Market