Since 2014, iron ore prices continue to decrease by over 25 percent. However, due to China as the representative of some emerging market demand to pick up signs, increasing production of iron ore mining giant recently, some data also hit a record high over the same period.

Iron ore prices continue to fall down, a huge amount of export is enough for making up for its "shortcomings." But demand is only a temporary phenomenon, the global overcapacity will lead to a substantial increase in the supply of iron ore, iron ore prices in the second half is expected to be a wave of sustained and more intense downtrend, mining giants will ultimately be negatively affected earnings, end "puerile" strategy currently.

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