Chinese customs data released today show double digit gains for iron ore imports from record breaking 2016, but iron ore price is down 7% in three days.
Strike at Freeport's giant Peru mine takes offline world's three biggest mines, but worries about demand drops copper after huge jump in warehouse stocks.
Iron ore stockpiles at Chinese ports reach record high, but Beijing steel and coal capacity cuts should lend support to high-grade imports, met coal prices.
The head of China's second-largest copper refiner is sounding a bearish note on the red metal, even as the country is targetting higher economic growth.