Insight

China delivered iron ore costs Q2 2016

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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 the following images and tables:

  • North China delivered cash cost curve
  • Delivered costs by country
  • Evolution of CFR North China cash cost

What's included

This report contains:

  • Document

    China delivered costs Q2 2016.xls

    XLS 681.00 KB

  • Document

    China delivered iron ore costs Q2 2016

    PDF 270.42 KB