Heavenly iron ore prices bound for purgatory as China reforms

From building scores of new towns to constructing state-of-the-art rail networks, China’s demand for steel to feed its modern-day industrial revolution has driven a spectacular rally in the price of the raw material iron ore.

via Business feed http://www.scmp.com/business/commodities/article/1292994/heavenly-iron-ore-prices-bound-purgatory-china-reforms