The spot reference price for 62% Fe iron ore cfr North China fell to $148.40 on Friday, April 20, 2012, down 0.7% from $149.40 last week, which was the highest level since October 18.  The week-on-week drop was the first since the week ending March 9.

The post-recession low was $59.10 on March 27, 2009, while the high was $190.19 on February 17, 2011.

Source: The Steel Index