North China delivered iron ore cost comparison Q2 2014
Our Q2 2014 total cost and freight (CFR) costs to Tianjin range from US$34/tonne to US$186/tonne (adjusted to a 62% Fe equivalent, dry tonne basis). Exporters from Australia and Brazil dominate the bottom half of the cost curve in Q2 2014. On a straight shipped tonnes basis, Australia and Brazil have a similar average delivered cost of US$46/tonne. We have incorporated sub-province segments from our full Chinese cost curve coverage in this insight.