price firming on the sound of pennies dropping, page-21

ScottyT,

http://www.telegraph.co.uk/finance/china-business/10191759/China-risks-deflation-trap-as-true-GDP-crumbles.html

This is something to think about... The real China GDP.

"Diana Choyleva, from Lombard Street, said the official Chinese figures show that the economy contracted by 0.2pc in the second quarter, rather than growing 1.7pc (7.5pc year-on-year) as claimed by the government"

Also deflation is a BIG PROBLEM worse than a recession. Look at Japan 40 yrs on and still going. If China collapse, many iron ore hopefuls will need to wait for 40 years.