Commodity Market Report

Global iron ore short-term outlook January 2024

Get this report*


You can pay by card or invoice

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Prices have been volatile over the last month. Near-term concerns around downstream demand in China during its weak construction season remain; however, restocking efforts and stimulus headlines provide renewed support to prices. January prices averaged US$135.5/t, broadly flat month-on-month, but prices have traded in a US$16/t range. While the market is still betting on China’s policy support translating into an uptick in downstream steel demand, rising concerns over a soft growth outlook should start cooling down iron ore prices through 2024.

Table of contents

  • No table of contents specified

Tables and charts

No table or charts specified

What's included

This report contains:

  • Document

    China Iron Ore Imports, December 2023 Data.pdf

    PDF 273.47 KB