TOKYO, May 10 (Reuters) - Marubeni Corp expects 10 billion yen ($91.96 million) profit from U.S. grain merchant unit Gavilon in the year to March 2017, up from 5.4 billion yen a year earlier, helped by restructuring, its president Fumiya Kokubu said on Tuesday.
The company, which owns a stake in Australia's Roy Hill iron ore mine, assumes iron ore prices this financial year to come below a year earlier despite the recent market recovery, he added.
"Our assumption prices are lower than the current prices," he told an earnings news conference, without disclosing exact figures.
($1 = 108.7400 yen) (Reporting by Yuka Obayashi; Editing by Stephen Coates)