RE:Ukraine effects?? I don't see any impact on global Iron ore prices except regionally.
Generally, for many miners and smelters (steel, alluminium, etc) higher energy costs will have an impact, but this should be positive for CIA fir two reasons:
1. They use hydro-electric energy in mining iron ore
2. Their high quality iron ore should be in greater demand (trade at a premium) as it allows steel makers to better manage the higher energy costs