The low unit price is all to do with re-pricing of Shagang's Q1 shipments - they are given 3MAMA(month after month of arrival) terms - so if the ship leaves Port Latta in January(when the shipment is initially priced), arrives in China in February, then is priced at the average price in May. If the price goes down by $50 from Jan to May then you have a negative sale that month/qtr of $4mil on that shipment of 80kt.
See my shipping schedule in my predictions post on 30June - it becomes clear once you take the time to analyse it. There were negative adjustments in Q2 of A$12.3mil most of which relate to re-pricing Q1 Shagang shipments.
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