Red Iron Ore

Price range: $150.00 through $3,000.00

Price of Red Iron Ore in Kenya

Factor Category Specific Variable Impact on Price Estimated Price Range Influence (per Metric Ton)
Ore Quality (Most Critical) Iron (Fe) Content A higher Fe content (e.g., 58% vs. 65%) dramatically increases the value. $50 – $120+ (Base price shifts significantly)
Impurities (e.g., Silica, Alumina) Higher levels of impurities decrease the value due to higher processing costs. Can reduce value by 15-30%
Form & Processing Lump Ore vs. Fines Lump ore typically commands a premium over fine particles. $5 – $15 premium for lump ore
Washed vs. Unwashed Washed ore (lower impurities) is more valuable than unwashed, run-of-mine ore. $10 – $25 premium for washed
Quantity & Logistics Order Volume Larger, consistent orders often secure a lower price per ton. Bulk discounts can apply
Location of Mine (Transport) Distance to the Mombasa port or to the buyer’s facility is a major cost factor. Transport can add $20 – $80+/ton
Market Conditions International Benchmark Prices Kenyan prices are influenced by global Platts Index or China import prices. Base Price Benchmark: ~$90 – $140/ton (highly volatile)
Supply and Demand Local production levels and demand from international (e.g., Chinese) buyers.
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