Another bad news day for iron ore today.
http://www.bloomberg.com/news/2014-...her-drop-set-to-last-years-calderon-says.html
Dalian iron ore futures after being closed yesterday were again down a touch today (no definite sign of a reversal yet IMO) with steel futures falling 1% as well.
Sorry but this is just the news making the rounds today.
SilentO