Country report

China iron ore supply summary

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Report summary

China's iron ore total cash costs have continued to fall and are estimated to have reached an average of $US61/dmt in 2016. Domestic production has also declined as high cost producers have exited the market over the past 2 years. Costs are likely to stabilise in 2017 and then gradually rise as higher fuel costs impact. The declining trend in domestic production is expected to continue as China's iron ore industry remains fragmented low grade and high cost and will be replaced with lower cost imports from Australia and Brazil.

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Table of contents

Tables and charts

This report includes 14 images and tables including:


  • China iron ore producing regions
  • Attributable marketable production by company - costed production
  • Marketable production
  • Costed production by mine type
  • Average operating margin
  • Quality: Image 1
  • Quality: Image 2
  • Imported iron ore flows
  • Capital costs
  • Costs: Image 1
  • China full iron ore cost curve 2016


  • Geology
  • Fiscal terms: Table 1
  • Fiscal terms: Table 2

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