The spot reference price for 62% Fe iron ore cfr North China rose 1.5% from $133.30 last week to $135.30 for the week ending November 1, 2013, reaching the highest price since August 30, 2013.

The spot price for iron ore averaged $120.57 in 4Q12, $148.16 in 1Q13, $125.76 in 2Q13, and $132.57 in 3Q13; the full-year 2012 average was $128.30.

The post-recession low was $59.10 on March 27, 2009, while the high was $191.90 on February 17, 2011.

Source: The Steel Index

The spot reference price for 62% Fe iron ore cfr North China fell 0.8% for the week ending October 25, 2013, decreasing from last week’s one-month high of $134.40 to $133.30.

The spot price for iron ore averaged $120.57 in 4Q12, $148.16 in 1Q13, $125.76 in 2Q13, and $132.57 in 3Q13; the full-year 2012 average was $128.30.

The post-recession low was $59.10 on March 27, 2009, while the high was $191.90 on February 17, 2011.

Source: The Steel Index

The spot reference price for 62% Fe iron ore cfr North China climbed daily for the week ending October 11, 2013, increasing 1.3% from $131.40 to $133.10 and reaching the highest price in the past month.

The spot price for iron ore averaged $120.57 in 4Q12, $148.16 in 1Q13, $125.76 in 2Q13, and $132.57 in 3Q13; the full-year 2012 average was $128.30.

The post-recession low was $59.10 on March 27, 2009, while the high was $191.90 on February 17, 2011.

Source: The Steel Index

The spot reference price for 62% Fe iron ore cfr North China decreased 0.4% to $131.40 for the week ending October 4, 2013, falling from last week’s $131.90 to $131.40 on Monday and then remaining at the two-week low all week.

The spot price for iron ore averaged $120.57 in 4Q12, $148.16 in 1Q13, $125.76 in 2Q13, and $132.57 in 3Q13; the full-year 2012 average was $128.30.

The post-recession low was $59.10 on March 27, 2009, while the high was $191.90 on February 17, 2011.

Source: The Steel Index

The spot reference price for 62% Fe iron ore cfr North China increased 0.3% to $134.50 for the week ending September 13, 2013, rising slightly from last week’s one-month low.

The spot price for iron ore averaged $112.12 in 3Q12, $120.57 in 4Q12, $148.16 in 1Q13, and $125.76 in 2Q13; the full-year 2012 average was $128.30.

The post-recession low was $59.10 on March 27, 2009, while the high was $191.90 on February 17, 2011.

Source: The Steel Index

The spot reference price for 62% Fe iron ore cfr North China decreased 2.6% to $134.10 for the week ending September 6, 2013, falling to the lowest price since August 7, 2013.

The spot price for iron ore averaged $112.12 in 3Q12, $120.57 in 4Q12, $148.16 in 1Q13, and $125.76 in 2Q13; the full-year 2012 average was $128.30.

The post-recession low was $59.10 on March 27, 2009, while the high was $191.90 on February 17, 2011.

Source: The Steel Index