Hello. While I have never looked into the matter before, it...

  1. 7,052 Posts.
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    Hello. While I have never looked into the matter before, it appears shipping costs to China are not expensive. If the data below is accurate, this website has I guess US$14/t from Geraldton on Panamax ship. Capesize ship is 170,000 tonnes vs Panamax of say 75,000 tonnes. Unlikely more than US$12/t or say A$20/t from Whyalla, if the info below is correct. So we now have CIF opex of A$260/t. My personal spreadsheet had A$250/t, which is possible.

    https://hotcopper.com.au/data/attachments/6817/6817224-fc46d0e6047f403e9033c4fa99da5e0c.jpg

    https://hotcopper.com.au/data/attachments/6817/6817231-019940502cdd1eecc671589d823770f2.jpg

 
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