current spot price, page-30

One of the better articles I have seen on the longer term outlook for steel/iron ore in China:

http://www.businessspectator.com.au/bs.nsf/Article/china-mining-boom-investment-stimulus-steel-infras-pd20120816-X87W4?OpenDocument&src=sph&src=rot

Interesting interview here on broader economic matters in China also mentions steel industry overcapacity:

http://www.businessspectator.com.au/bs.nsf/Article/China-growth-middle-class-pd20120817-X8SCK?OpenDocument&src=sph&src=rot