On September 8, Australian iron ore (62% Fe, CFR China) rose by USD 0.9 to reach USD 105.25, marking its highest level since February 28 and the first time in six months it surpassed the USD 105 mark. Monthly performance shows an increase of USD 2.45 this month (up 2.38%), while gains since the beginning of the year total USD 4.65, with a growth rate of 4.6%. Over the past week alone, the price rose by USD 1.55 (1.5%).
In August, China’s iron ore imports exceeded 105 million tons, recording the second-largest monthly volume this year and the second time in 2025 that imports surpassed this level, highlighting strong ongoing demand for the commodity. Despite current steel price pressures, a rebound in iron futures supported iron ore gains.
Market participants note that Chinese steel demand since early September has been weaker than expected. However, expectations remain positive during the peak season, with short-term price volatility likely before a potential recovery.
