Global iron and steel now effectively means "China." Correlation is perfect. http://t.co/3L3o5AlJ $MXI $FXI via @emergingmoney

Global iron and steel now effectively means "China." Correlation is perfect. http://t.co/CgCv9Wel $MXI $FXI

Where ETFs are concerned, global iron and steel equate to China. http://t.co/3L3o5AlJ $MXI $FXI via @emergingmoney

Where ETFs are concerned, global iron and steel equate to China. http://t.co/CgCv9Wel $MXI $FXI

Global iron and steel now effectively means "China." Correlation is perfect. http://t.co/3L3o5AlJ $MXI $FXI via @emergingmoney

Global iron and steel now effectively means "China." Correlation is perfect. http://t.co/CgCv9Wel $MXI $FXI

Where ETFs are concerned, global iron and steel equate to China. http://t.co/3L3o5AlJ $MXI $FXI via @emergingmoney

Where ETFs are concerned, global iron and steel equate to China. http://t.co/CgCv9Wel $MXI $FXI

$VALE ends "force majeure," goes back to digging iron after Brazil rains cease. 2 million tons of ore stranded. http://t.co/LYBRvQb4 $MXI

$VALE ends "force majeure," goes back to digging iron after Brazil rains cease. 2 million tons of ore stranded. http://t.co/6huu4iJe $MXI

$VALE ends "force majeure," goes back to digging iron out of its Brazil mines. 2 million tons of ore stranded. http://t.co/LYBRvQb4 $MXI

Brazil, Australia overweighted with iron? Look to $EWZ and $EWA to suffer if steel use... http://t.co/g55557O4 via @emergingmoney $MXI

Brazil, Australia overweighted with iron? Look to $EWZ and $EWA to suffer if demand for steel weakens. http://t.co/sK0wo7zH $MXI

$Commodity strength late: more $UNG $NIB $UGA $JO $USO $MXI $SGG $NLR $JJC $REMX $PALL $CORN $BAL less $GLD $SLV $PTM