What drives the iron price?

What drives the iron price? Steel starts with iron ore, making it a barometer for construction and infrastructure spending worldwide. Each row traces a chain of real events that pushed iron higher or lower, month by month.

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MAR 1 – MAR 31, 2026
🇨🇳 import restriction
▲ IRON PRICE
🇨🇳 steel capacity reduction plans
▲ IRON PRICE
🇨🇳 steel production decline
▼ IRON PRICE
🇨🇳 steel demand decline
▼ IRON PRICE
🇨🇳 inventory rise
▼ IRON PRICE

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FEB 1 – FEB 28, 2026
🇧🇷 supply rise
▼ IRON PRICE
🇦🇺 supply rise
▼ IRON PRICE
🇨🇳 demand decline
▼ IRON PRICE
JAN 1 – JAN 31, 2026
🇨🇳 inventory rise
▼ IRON PRICE
🇨🇳 construction decline
🇨🇳 steel demand decline
▼ IRON PRICE
🇨🇳 inventory rise
▼ IRON PRICE
🌍 supply rise
▼ IRON PRICE
🇨🇳 inventory rise
🇨🇳 supply rise
▼ IRON PRICE
iron ore supply rise
▼ IRON PRICE
🇨🇳 money supply decline
🇨🇳 demand decline
▼ IRON PRICE
🇨🇳 iron ore import rise
▲ IRON PRICE
🇦🇺 supply decline
▲ IRON PRICE
🇧🇷 supply decline
▲ IRON PRICE
🇨🇳 supply decline
▲ IRON PRICE
🇨🇳 demand rise
▲ IRON PRICE
DEC 1 – DEC 31, 2025
🌍 iron ore production decline
▲ IRON PRICE
🌍 profit rise
▲ IRON PRICE
🇨🇳 fixed asset investment decline
▼ IRON PRICE
🇨🇳 export licensing introduction
▼ IRON PRICE
🇨🇳 retail sales growth decline
▼ IRON PRICE
🇨🇳 industrial production decline
▼ IRON PRICE
🌍 steel demand rise
▲ IRON PRICE
🇺🇸 fed rate cut
▲ IRON PRICE
🇨🇳 restocking rise
▲ IRON PRICE
iron ore supply rise
▼ IRON PRICE
🇨🇳 iron ore supply rise
▼ IRON PRICE
🇨🇳 export rise
▲ IRON PRICE
NOV 1 – NOV 30, 2025
🇨🇳 policy support
🇨🇳 demand rise
▲ IRON PRICE
🇨🇳 fiscal policy expectation
▲ IRON PRICE
🇨🇳 inventory decline
▲ IRON PRICE
🛢️ oil production rise
🌍 supply rise
▼ IRON PRICE
🇨🇳 tariff rise
🇨🇳 demand decline
▼ IRON PRICE
🇨🇳 tariff rise
🇨🇳 demand decline
▼ IRON PRICE
🇨🇳 tariff rise
🇨🇳 demand decline
▼ IRON PRICE
🇨🇳 steel demand decline
▼ IRON PRICE
🇨🇳 iron ore import decline
▼ IRON PRICE
OCT 1 – OCT 31, 2025
🇨🇳 steelmaking capacity restrictions
▲ IRON PRICE
🇨🇳 inventory rise
▼ IRON PRICE
🇺🇸 tariff exemption
🇺🇸 trade tension decline
▲ IRON PRICE
🇺🇸 trade tension rise
🇨🇳 economic growth decline
▼ IRON PRICE
🇨🇳 inventory rise
▼ IRON PRICE
🇨🇳 port fee clarification
▼ IRON PRICE
🇨🇳 construction decline
▼ IRON PRICE
🇨🇳 new order growth decline
🇨🇳 manufacturing decline
▼ IRON PRICE
🇦🇺 iron ore supply rise
▼ IRON PRICE
🇨🇳 supply decline
▲ IRON PRICE
SEP 1 – SEP 30, 2025
🇨🇳 property price decline
🇨🇳 demand decline
🇨🇳 inventory rise
▼ IRON PRICE
🇨🇳 holiday slowdown
▼ IRON PRICE
🇦🇺 supply rise
▼ IRON PRICE
🇪🇺 tariff expectation
▼ IRON PRICE
🇪🇺 planned tariff rise
▼ IRON PRICE
🌍 supply rise
▼ IRON PRICE
🇨🇳 property sector decline
🇨🇳 steel demand decline
▼ IRON PRICE
🇨🇳 steel output rise
▲ IRON PRICE
iron ore supply risk
▲ IRON PRICE
🇨🇳 restocking demand rise
▲ IRON PRICE
🇨🇳 steel output rise
▲ IRON PRICE
🇨🇳 output suspension lift
▲ IRON PRICE
🇨🇳 capacity reduction pledge
🇨🇳 profit improvement
▲ IRON PRICE
🌍 inventory rise
▼ IRON PRICE
🇨🇳 property price decline
🇨🇳 demand decline
▼ IRON PRICE
🇨🇳 demand rise
▲ IRON PRICE
🇨🇳 demand optimism rise
▲ IRON PRICE
🇨🇳 steel inventory rise
▼ IRON PRICE
AUG 1 – AUG 31, 2025
🇨🇳 steel production decline
▼ IRON PRICE
project suspension
▲ IRON PRICE
🇦🇺 mining project halt
▲ IRON PRICE
🇨🇳 inventory rise
▼ IRON PRICE
🇧🇷 supply rise
▼ IRON PRICE
🇨🇳 manufacturing decline
🇨🇳 demand decline
▼ IRON PRICE
🌍 steel price decline
▼ IRON PRICE
🇨🇳 steel production decline
▲ IRON PRICE
🇨🇳 demand rise
▲ IRON PRICE
🇨🇳 steel production capacity decline
▲ IRON PRICE
🇨🇳 import rise
▲ IRON PRICE
🇨🇳 iron ore supply rise
▼ IRON PRICE
JUL 1 – JUL 31, 2025
🇨🇳 expectation decline
▼ IRON PRICE
🇨🇳 overcapacity reduction
▲ IRON PRICE
🇦🇺 iron ore supply rise
▼ IRON PRICE
🇧🇷 iron ore supply rise
▼ IRON PRICE
🇨🇳 stimulus expectation rise
▲ IRON PRICE
🇨🇳 hydroelectric plant construction
▲ IRON PRICE
🇨🇳 policy stimulus
▲ IRON PRICE
🇺🇸 tariff announcement
▲ IRON PRICE
🇺🇸 tariff fear
▼ IRON PRICE
🇨🇳 price regulation
▲ IRON PRICE
🇧🇷 export flow decline
▲ IRON PRICE
🇦🇺 export flow decline
▲ IRON PRICE
🇨🇳 economic capacity decline
▲ IRON PRICE
🇧🇷 iron ore shipment decline
▲ IRON PRICE
🇦🇺 iron ore shipment decline
▲ IRON PRICE
🇨🇳 industrial production growth slowdown
▼ IRON PRICE
🇨🇳 steel production decline
▼ IRON PRICE
🌍 trade uncertainty
🇨🇳 demand decline
▼ IRON PRICE
🇨🇳 loan decline
▼ IRON PRICE
JUN 1 – JUN 30, 2025
🇨🇳 construction rise
🇨🇳 demand rise
▲ IRON PRICE
🇨🇳 inventory decline
▲ IRON PRICE
🇧🇷 iron ore supply rise
▼ IRON PRICE
🇦🇺 supply rise
▼ IRON PRICE
🇧🇷 supply rise
▼ IRON PRICE
🇦🇺 iron ore supply rise
▼ IRON PRICE
🇨🇳 demand decline
▼ IRON PRICE
🇺🇸 trade risk rise
🇨🇳 consumer price decline
▼ IRON PRICE
🇨🇳 demand decline
🇨🇳 producer price decline
▼ IRON PRICE
🇨🇳 factory growth rise
▲ IRON PRICE
MAY 1 – MAY 31, 2025
🇨🇳 home demand decline
🇨🇳 steel demand decline
▼ IRON PRICE
🇨🇳 tariff decline
🇺🇸 tariff decline
▲ IRON PRICE
🇨🇳 property financing restriction signal
▼ IRON PRICE
🇨🇳 operating rate decline
🇨🇳 production decline
▼ IRON PRICE
🇨🇳 regulatory change announcement
🇨🇳 steel demand decline
▼ IRON PRICE
🇨🇳 tariff halt
🌍 trade tension decline
🇨🇳 investor sentiment improvement
▲ IRON PRICE
🌍 demand decline
▼ IRON PRICE
🇺🇸 tariff rise
🇨🇳 manufacturing decline
▼ IRON PRICE
🇨🇳 trade decline
▼ IRON PRICE
🇨🇳 steel production decline
▼ IRON PRICE
🌍 steel production decline
▼ IRON PRICE
🇨🇳 retail sales rise
▲ IRON PRICE
🇨🇳 economic data release
▲ IRON PRICE
🇨🇳 government stimulus
▲ IRON PRICE
APR 1 – APR 30, 2025
🇺🇸 tariff cut expectation
▲ IRON PRICE
🇨🇳 stimulus expectation
▲ IRON PRICE
🇺🇸 tariff rise
🇨🇳 tariff rise
🇺🇸 tariff rise
🇨🇳 tariff rise
▼ IRON PRICE
🇺🇸 tariff rise
🇨🇳 tariff rise
🇺🇸 tariff rise
🇨🇳 tariff rise
▼ IRON PRICE
🇪🇺 tariff rise
🇺🇸 tariff rise
🇨🇳 tariff rise
🇺🇸 tariff rise
▼ IRON PRICE
🇺🇸 tariff rise
▼ IRON PRICE
MAR 1 – MAR 31, 2025
🇨🇳 steel demand rise
▲ IRON PRICE
🌍 protectionism rise
🇨🇳 steel production decline
▼ IRON PRICE
🇨🇳 policy announcement
▼ IRON PRICE
🇨🇳 housing investment decline
▼ IRON PRICE
🇨🇳 home value decline
▼ IRON PRICE
🇨🇳 steel use decline
▼ IRON PRICE
🇨🇳 steel output rise
▲ IRON PRICE
🇨🇳 sector activity rise
▲ IRON PRICE
🇨🇳 steel production decline
▼ IRON PRICE
🇨🇳 expected steel production decline
▼ IRON PRICE
🇺🇸 tariff rise
▼ IRON PRICE
🇨🇳 steel production decline expectation
▼ IRON PRICE
🇨🇳 construction rise
▲ IRON PRICE

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FEB 1 – FEB 28, 2025
🇻🇳 tariff rise
▼ IRON PRICE
🇨🇳 property purchase by government
▲ IRON PRICE
🇦🇺 supply disruption
▲ IRON PRICE
🇺🇸 tariff delay
🌍 trade war concern decline
🇺🇸 dollar decline
▲ IRON PRICE
🇦🇺 weather disruption
▲ IRON PRICE
🇨🇳 steel output rise
▲ IRON PRICE
JAN 1 – JAN 31, 2025
🇦🇺 stimulus announcement
▲ IRON PRICE
🌍 iron ore supply rise
▼ IRON PRICE
🇨🇳 economic data decline
▼ IRON PRICE
🇨🇳 profit decline
🇨🇳 steel production decline
▼ IRON PRICE
🇨🇳 construction decline
🇨🇳 steel demand decline
▼ IRON PRICE
🇨🇳 steel production decline
▼ IRON PRICE
🇨🇳 manufacturing decline
🇨🇳 economic decline
🇨🇳 demand decline
▼ IRON PRICE
🇨🇳 inventory rise
▼ IRON PRICE
🇨🇳 bond issuance rise
▲ IRON PRICE
DEC 1 – DEC 31, 2024
🇨🇳 construction decline
▼ IRON PRICE
🇺🇸 inflation data release
🇺🇸 interest rate cut
▼ IRON PRICE
🇺🇸 fed rate cut expectation decline
▼ IRON PRICE
NOV 1 – NOV 30, 2024
🇨🇳 monetary stimulus
🇨🇳 steel output rise
▲ IRON PRICE
🇨🇳 housing purchase program expansion
▲ IRON PRICE
🇨🇳 property investment decline
▼ IRON PRICE
🇦🇺 supply rise
▼ IRON PRICE
🇨🇳 supply rise and demand concerns
▼ IRON PRICE
🇨🇳 stimulus disappointment
▼ IRON PRICE
🇨🇳 deflationary pressure
▼ IRON PRICE
🇨🇳 stimulus disappointment
▼ IRON PRICE
🇨🇳 inventory rise
▼ IRON PRICE
🇨🇳 stimulus policy absence
▼ IRON PRICE
🇨🇳 public spending rise
▲ IRON PRICE
🇨🇳 property restriction easing
🇨🇳 housing market recovery
▲ IRON PRICE
OCT 1 – OCT 31, 2024
🇨🇳 steel mill profit squeeze
▼ IRON PRICE
🇦🇺 iron ore supply rise
▼ IRON PRICE
🇨🇳 demand uncertainty
▼ IRON PRICE
🇨🇳 policy disappointment
▼ IRON PRICE
🌍 demand decline
🇨🇳 export growth decline
▼ IRON PRICE
🇨🇳 stimulus announcement
▲ IRON PRICE
🇨🇳 monetary stimulus
▼ IRON PRICE
SEP 1 – SEP 30, 2024
🇨🇳 stimulus expectation
🇨🇳 demand rise
▲ IRON PRICE
🇨🇳 iron ore inventory decline
▲ IRON PRICE
🇨🇳 stimulus plan implementation
▲ IRON PRICE
🇨🇳 interest rate decline
▲ IRON PRICE
🇨🇳 iron ore supply rise
▼ IRON PRICE
🇨🇳 interest rate cut expectations
▲ IRON PRICE
🇨🇳 manufacturing decline
▼ IRON PRICE
🇨🇳 inflation rise
▼ IRON PRICE
🇨🇳 carbon market expansion plan
▼ IRON PRICE
🇦🇺 iron ore shipment decline
▲ IRON PRICE
🇧🇷 iron ore shipment decline
▲ IRON PRICE
🇨🇳 lending rate decline
🇨🇳 profit decline
▼ IRON PRICE
🇨🇳 inventory rise
▼ IRON PRICE
🇨🇳 property sector decline
▼ IRON PRICE
AUG 1 – AUG 31, 2024
🇨🇳 home value decline
🇨🇳 construction decline
🇨🇳 steel demand decline
▼ IRON PRICE
🇨🇳 demand decline
🇨🇳 manufacturing decline
▼ IRON PRICE
🇨🇳 services sector growth decline
▼ IRON PRICE
JUL 1 – JUL 31, 2024
🇨🇳 demand uncertainty
▼ IRON PRICE
🇨🇳 inventory rise
▼ IRON PRICE
JUN 1 – JUN 30, 2024
🇨🇳 property market policy easing
▲ IRON PRICE
🇨🇳 steel production limit rumors
▼ IRON PRICE
🇨🇳 property sector distress
▼ IRON PRICE
🇨🇳 demand expectation decline
▼ IRON PRICE
MAY 1 – MAY 31, 2024
🇨🇳 demand rise
▲ IRON PRICE
🇦🇺 supply decline
▲ IRON PRICE
APR 1 – APR 30, 2024
🇨🇳 stimulus rise
▲ IRON PRICE
🇨🇳 demand expectation rise
▲ IRON PRICE
🇨🇳 economic support
▲ IRON PRICE
🇨🇳 demand decline
▼ IRON PRICE
🇦🇺 supply rise
▼ IRON PRICE
MAR 1 – MAR 31, 2024
🇨🇳 chinese demand worry
▼ IRON PRICE
🇨🇳 property crisis
▼ IRON PRICE
🇨🇳 stimulus absence
🇨🇳 demand decline
▼ IRON PRICE
🇨🇳 chinese economic decline
▼ IRON PRICE
🇨🇳 demand rise
▲ IRON PRICE
FEB 1 – FEB 29, 2024
🇨🇳 property price decline
▼ IRON PRICE
🇨🇳 economic weakness
▼ IRON PRICE
🇨🇳 stimulus insufficiency
▼ IRON PRICE
JAN 1 – JAN 31, 2024
🇨🇳 economic support rise
▲ IRON PRICE
🇨🇳 china stimulus announcement
▲ IRON PRICE
🇨🇳 electric vehicle sales pessimism
🇨🇳 demand decline
▼ IRON PRICE
🌍 supply rise
▼ IRON PRICE
🇨🇳 inventory decline
▲ IRON PRICE
🇨🇳 profit decline
▼ IRON PRICE
🇨🇳 electric vehicle sales pessimism
🇨🇳 demand decline
▼ IRON PRICE
🇨🇳 steel mill profit decline
▼ IRON PRICE
🇨🇳 stimulus package increase
▲ IRON PRICE

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