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North China delivered iron ore cost comparison Q1 2015

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Report summary

Compared to Q4 2014, we begin 2015 with a 14% decrease in delivered costs to North China.The 62% Fe equivalent delivered cash costs for Australia and Brazil are at an all-time low of US$39/tonne and US$38/tonne, respectively. The decrease is due to a combination of cost cutting, tax relief and oil-price reductions in operating costs and seaborne freight.

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    North China delivered iron ore cost comparison Q1 2015

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