whom to believe?

One minutes the news is telling us iron ore is down, the next minutes it says demand is up???

http://www.bbc.co.uk/news/business-22061149

I guess for every negative news on iron ore...you can find another positive ones as well.

China need around 1.14 billion tonnes of iron ore this year in which 770 million tonnes would be imported. I cant see where they can get those 770 millions tonnes shortfall other than to continously keep buying from Vale,the big 3 (BHP,RIO,FMG) plus AGO.

and not just from China, Japan used to be the largest importer of Australian's iron ore...and now we have India, Korea and other Asian powerhouse...Demand would remain strong IMO.