Agreed, just read this myself and hoping that we will be a part of the SL IO reshuffle with hopefully a sale.
In IO price news there has been a from the following article, a bit of relief here.
http://www.ft.com/cms/s/0/4cd817f0-e1fb-11e4-bb7f-00144feab7de.html#ixzz3XGzRSQzl
"Benchmark ore for immediate delivery into China gained $1.50 to $48.80 a tonne, according to a price assessment by the Steel Index. This month, the steelmaking commodity hit $46.60, the lowest level since TSI began compiling records in 2008."
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