The spot reference price for 62% Fe iron ore cfr North China rose 4.4% to $118.60 for the week ending June 21, 2013, up for the third consecutive week since hitting an eight-month low of $110.40.

The spot price for iron ore averaged $139.35 in 2Q12, $112.12 in 3Q12, $120.57 in 4Q12, and $148.16 in 1Q13; the full-year 2012 average was $128.30.

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

The spot reference price for 62% Fe iron ore cfr North China rose 2.4% to $113.60 for the week ending June 14, 2013, climbing for the second consecutive week from the recent eight-month low of $110.40 on May 31.

The spot price for iron ore averaged $139.35 in 2Q12, $112.12 in 3Q12, $120.57 in 4Q12, and $148.16 in 1Q13; the full-year 2012 average was $128.30.

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

The spot reference price for 62% Fe iron ore cfr North China fell 10.4% to $110.40 for the week ending May 31, 2013, the lowest since October 8, 2012 and some 30.5% below the recent high of $158.90 on February 20.

The spot price for iron ore averaged $139.35 in 2Q12, $112.12 in 3Q12, $120.57 in 4Q12, and $148.16 in 1Q13; the full-year 2012 average was $128.30.

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

The spot reference price for 62% Fe iron ore cfr North China rose a nominal 0.1% to $123.20 for the week ending May 24, 2013, up from last week’s five-month low of $123.10.

The spot price for iron ore averaged $139.35 in 2Q12, $112.12 in 3Q12, $120.57 in 4Q12, and $148.16 in 1Q13; the full-year 2012 average was $128.30.

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

The spot reference price for 62% Fe iron ore cfr North China fell 5% to $123.10 for the week ending May 17, 2013, decreasing from last week’s price of $129.60 to the lowest price since December 7, 2012.

The spot price for iron ore averaged $139.35 in 2Q12, $112.12 in 3Q12, $120.57 in 4Q12, and $148.16 in 1Q13; the full-year 2012 average was $128.30.

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

The spot reference price for 62% Fe iron ore cfr North China rose 1.2% to $129.60 for the week ending May 10, 2013, increasing from last week’s price of $128.10, which was the lowest since December 13, 2012.

The spot price for iron ore averaged $139.35 in 2Q12, $112.12 in 3Q12, $120.57 in 4Q12, and $148.16 in 1Q13; the full-year 2012 average was $128.30.

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