The following definition of iron ore prices was found on google:It should be remembered that iron ore reference prices are based on the cost of cargoes at the point of entry in China. This is known as a delivered price, and includes the cost of shipping iron ore cargoes from Australia to Chinese ports."
"Iron ore prices include shipping costs to China
Shipping costs should therefore be included in production cost or deducted from the selling price in calculating profit per tonne sold. My apologies for requesting information that I could have discovered for myself.
The following definition of iron ore prices was found on...
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