Insight

North China delivered iron ore cost comparison Q1 2016

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Report summary

The weighted average cost of North China delivered iron ore is US$37.2/dmt (62% Fe), US$2.7/dmt less than our Q4 2015 estimate. Costs have continued to fall because of lower freight rates, further mine-site cost cutting and closure of high cost Chinese mines. Overall, global average delivered costs have dropped by 35% since we first starting publishing this insight in Q2 2013.

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    North China delivered iron ore cost comparison Q1 2016

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  • North China delivered iron ore cost comparison Q1 2016

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This report includes 3 images and tables including:

Images

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

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