China's iron and steel industry association clamored Tuesday for a 40% cut in iron ore prices.

FORBES: Magazine Article

Up to 10, 000 people were employed in the mining industry but also at the Kirkless iron and steel works.

BBC: Nature plan for ex-steel works in Wigan

And Chinese stocks all through the steel industry, from iron ore to finished goods, which were built up in the expectation of a bigger stimulus package than has yet materialised, are now being run down, amplifying the downward price swing.

ECONOMIST: Iron ore