Hi,
As DMA is in the business of Iron Ore it's good to know how much the actual product is worth. The 'Steel' Index of singapore appear to be the benchmark company that manage the spot price sales of Iron Ore. They don't publicly publish the price on their website..... which I think is wrong.
Anyway I have found a bloomberg link that gives you a link to the same 62% index. This gives the spot price for Iro Ore at a grading of 62%. You must bare in mind this is a higher grade than which DMA currently has resourced, but it gives you an idea of what the product is selling for.
Link -
http://www.bloomberg.com/apps/quote?ticker=TSIPIO62:IND#chart
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