Reading an article on bloomberg today which also referenced a short term iron ore index. You can access charts on bloomberg for it. Never seen it before myself so maybe of some interest out there:-
http://www.bloomberg.com/apps/quote?ticker=TSIPIO62%3AIND
http://www.bloomberg.com/apps/cbuilder?ticker1=TSIPIO62%3AIND
...a bit of background info from the index provider:-
http://www.thesteelindex.com/
