
U.S. - Iron Ores And Concentrates - Market Analysis, Forecast, Size, Trends And Insights
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Iron Ore Price per Ton May 2022
U.S. Iron Ore Price per Ton May 2022
In May 2022, the iron ore price per ton amounted to $208 (CIF, US), picking up by 17% against the previous month. Over the period from Jan 2022 to May 2022, it increased at an average monthly rate of +1.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In May 2022, the country with the highest price was Brazil ($208 per ton), while the price for the Netherlands ($202 per ton) was amongst the lowest.
From Jan 2022 to May 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

U.S. Iron Ore Imports
In May 2022, purchases abroad of iron ores and concentrates increased by 28% to 428K tons, rising for the second consecutive month after two months of decline. In general, imports, however, showed a abrupt shrinkage. Imports peaked at 776K tons in Jan 2022; however, from Feb 2022 to May 2022, imports failed to regain momentum.
In value terms, iron ore imports soared to $89M (IndexBox estimates) in May 2022. Overall, imports, however, recorded a abrupt contraction. Imports peaked at $153M in Jan 2022; however, from Feb 2022 to May 2022, imports stood at a somewhat lower figure.
U.S. Iron Ore Imports by Country
Canada (262K tons), Brazil (159K tons) and the Netherlands (6.9K tons) were the main suppliers of iron ore imports to the United States, with a combined 100% share of total imports.
From Jan 2022 to May 2022, the biggest increases were in the Netherlands, while purchases for the other leaders experienced mixed trend patterns.
In value terms, the largest iron ore suppliers to the United States were Canada ($54M), Brazil ($33M) and the Netherlands ($1.4M), together comprising 100% of total imports.
In terms of the main suppliers, the Netherlands recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for iron ore and concentrate in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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