Insight
North China delivered iron ore cost comparison Q4 2015
This report is currently unavailable
Report summary
The weighted average cost of North China delivered iron ore is US$40.1/dmt (62% Fe), US$4.3/dmt less than our Q3 2015 estimate. Cost deflation continues across all countries, with weak currencies, falling oil prices, increasing productivity and tax relief the main contributors to cost drop. Since late 2014, iron ore prices have tracked the 75th percentile of the cost curve. For 2016, we estimate the 75th percentile cost will be US$47/dmt, indicating the iron ore price is likely to fluctuate around this level if the trend of the past year continues.
Table of contents
- Executive summary
- Price has been following the 75th percentile of costs
Tables and charts
This report includes 4 images and tables including:
- North China delivered cash cost curve
- Evolution of China delivered cash cost curve
- 2015 65th-80th percentile production (Million tonnes)
- 2016 Average cost of Australian mines in 65th - 80th percentile
Other reports you may be interested in
Commodity Market Report
Global iron ore short-term outlook February 2024
Iron ore prices slide on demand concerns and a build-up of inventories
$5,000
Commodity Market Report
Global iron ore short-term outlook January 2024
Roller coaster price ride: the market alternates between stimulus headlines and concerns about the property sector recovery this year
$5,000
Commodity Market Report
Global iron ore investment horizon outlook – Q4 2023
Iron ore mining investments will contract, product mixes shift, and the push to reduce carbon emissions will drive investment allocations.
$10,000