Insight
China delivered iron ore costs Q2 2016
Report summary
The weighted average cost of North China delivered iron ore is US$35.9/dmt (62% Fe), US$1.3/dmt less than our Q1 2016 estimate. Global average delivered costs have dropped by 41% since we first starting publishing this insight in 2013. But further cost reductions will be difficult. The first half of 2016 has seen a rise in oil prices, some strengthening of iron ore exporting country's currencies and a small rise in freight costs. If these macro trends continue it's likely iron ore costs will start to rise.
Table of contents
- China delivered iron ore costs Q2 2016
Tables and charts
This report includes 3 images and tables including:
- North China delivered cash cost curve
- Delivered costs by country
- Evolution of CFR North China cash cost
What's included
This report contains:
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