not with his 57% Fe - 62% Qingdao China Index is what - $47.50 - adjust down for the Fe differential and one is at US$43.53 for the 57% material before any further adjustment for impurities. I remember the days when FMG would discount after Fe adjustment up to 18% or so. No discount anymore I would imagine.
AGO Price at posting:
12.0¢ Sentiment: None Disclosure: Not Held