Ann: Quarterly Activities Report-GBG.AX, page-7

The average price for iron ore for the whole quarter was $US47.50 for 62% grade Fe. They only got .70c more for 65.9% grade. I think KML is getting screwed.  Ansteel doesn't care how low the price is as they then make more money on selling the steel.
Iron was down to $US39.30 on 14 January.  The daily prices for 62% FE are as follows:

	Column 1	Column 2
0	4/01/2016	$42.90
1	5/01/2016	$43.10
2	6/01/2016	$42.10
3	7/01/2016	$41.90
4	8/01/2016	$41.70
5	11/01/2016	$41.50
6	12/01/2016	$40.90
7	13/01/2016	$40.00
8	14/01/2016	$39.30
9	15/01/2016	$39.60
10	18/01/2016	$40.20
11	19/01/2016	$41.90
12	20/01/2016	$42.10
13	21/01/2016	$41.10
14	22/01/2016	$40.50
15	25/01/2016	$41.30
16	27/01/2016	$40.80
17	28/01/2016	$41.30
18	29/01/2016	$41.50
19	1/02/2016	$41.50
20	2/02/2016	$42.50
21	3/02/2016	$43.10
22	4/02/2016	$44.00
23	5/02/2016	$44.70
24	8/02/2016	$44.70
25	9/02/2016	$44.70
26	10/02/2016	$44.70
27	11/02/2016	$44.50
28	12/02/2016	$44.50
29	15/02/2016	$43.20
30	16/02/2016	$45.60
31	17/02/2016	$46.10
32	18/02/2016	$45.80
33	19/02/2016	$46.50
34	22/02/2016	$47.00
35	23/02/2016	$50.30
36	24/02/2016	$50.50
37	25/02/2016	$50.20
38	26/02/2016	$49.20
39	29/02/2016	$49.00
40	1/03/2016	$48.90
41	2/03/2016	$50.40
42	3/03/2016	$51.60
43	4/03/2016	$51.70
44	7/03/2016	$52.40
45	8/03/2016	$62.60
46	9/03/2016	$63.30
47	10/03/2016	$59.60
48	11/03/2016	$57.40
49	14/03/2016	$56.10
50	15/03/2016	$55.50
51	16/03/2016	$51.70
52	17/03/2016	$52.50
53	18/03/2016	$55.40
54	21/03/2016	$56.30
55	22/03/2016	$58.00
56	23/03/2016	$57.90
57	24/03/2016	$57.30
58	29/03/2016	$55.20
59	30/03/2016	$54.70
60	31/03/2016	$53.20

It only got above $US60 on 20 April.
It depends upon which day they sell it.