What is the Average Cost of Iron Ore per pound/gram/kg/Ton? Average Iron Ore Price

Iron ore is typically used by steel companies who buy their iron ore from ore mines. The companies and mines usually have long term contracts with one another, and negotiate through the process. Because of this, the prices of iron ore are hard to find and are rarely published. With this said, one can expect to pay roughly $120 per ton for iron ore.

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