Replies to post #3541 on The Rising Influence of Rising Affluence

[DewDiligence]

Monthly Chinese iron-ore imports:

[DewDiligence]

BHP/VALE/CLF—Steel-industry expert predicts average spot iron-ore price of $150-160/tonne in 2012:

http://online.wsj.com/article/SB20001424052970203721704577159271444545952.html

The midpoint of this range is 8% lower than the 2011 average of $168/tonne and is 5% higher than the 2010 average of $146/tonne.