Iron Ore
Iron Ore
Current Price
$104.59
USD/tonne
as of Jan 11, 2026
Price History
Where It's Produced
Production by Province
0%
25%
50%
75%
100%
Quebec
50.0%
Newfoundland
45.0%
Ontario
5.0%
Export Destinations
China
40.0%
European Union
25.0%
Japan
15.0%
United States
12.0%
Other
8.0%
Key Facts
- Most production comes from the Labrador Trough spanning Quebec and Newfoundland (NRCan)
- Essential for steel production - backbone of construction and manufacturing (Industry)
Data Sources
Production and trade data from Natural Resources Canada (NRCan), Statistics Canada, and industry sources.
Last updated: January 11, 2026 7:22 PM