North China delivered iron ore cost comparison Q2 2015

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Q2 2015 is marked by further reductions in FOB and CFR costs for Australian and Brazilian producers. Compared with Q2 2014, FOB costs in Australia and Brazil have dropped by 30% and 18% respectively. CFR costs 62% Fe equivalent dmt have also dropped by 32% and 23% for Australia and Brazil respectively. The overall reduction in costs can be attributed to cost cutting, low diesel prices, weaker exchange rates and government tax relief packages for miners.

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    North China delivered iron ore cost comparison Q2 2015

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