last price $5bucks, 12mth high $5.47, page-25

the article below highlights the non existant plight of i/o producers, they are making bucket loads. the down turn of i/o hasn't eventuated and given china's demand and growth strategy requires i/o to keep their steel plants operational begs to ask the question - when will i/o drop off, imo, not in the very near future

from bloomberg:

European Stocks Climb Amid Optimism Over U.S. Debt Deal
By Inyoung Hwang - Oct 15, 2013 8:27 PM GMT+1100 ..

European stocks rose for a fourth day, the longest winning streak in two months, amid optimism Senate leaders will forge a deal to reopen the U.S. government and avoid a breach of the debt limit. U.S. index futures were little changed, while Asian shares advanced.

Rio Tinto Group added 3.2 percent after saying third-quarter iron ore output rose 1 percent.

Rio Tinto rose 3.2 percent to 3,183 pence. The world’s second-largest mining company said it produced 53.4 million metric tons of iron ore in the three months to Sept. 30, compared with 52.6 million tons a year earlier. That compares with the 53.3 million-ton median estimate of analysts surveyed by Bloomberg.