Iron is volatile and will thus get contradictory reports on the same day

its highly profitable which is the reason for the illegal mines problem- was only 10-14/ton til 2002
CWRN's all in cost maybe 40-50- will be much less once waste byproducts are sold-so still highly profitable

whereas steel margins have been only 0-3% whenever I've looked

News Results for iron ore prices
COLUMN-Global iron ore miners can still win as China demand slows: ...
· Reuters · 9 hours ago
RPT-UPDATE 2-Australian iron ore trade faces labour unrest as boom ...
· Reuters UK · 18 hours ago
Budget’s warning on iron ore
· The Australian · 1 hour ago
news.ask.com · More news articles »
Iron ore price | MacroBusiness
http://www.macrobusiness.com.au/category/iron-ore-price/
11 hours ago ... Here are the iron ore charts for May 12, 2014: Iron ore paper markets rallied following the news of strike action in Port Hedland after trading ...