Iron ore prices fell on Tuesday as investor focus shifted back to steel production controls in China. According to Fastmarkets MB, benchmark 62% Fe fines imported into Northern China were changing hands for $129 a tonne, down 4.6% from Monday’s closing. On China’s Dalian Commodity Exchange, the most-traded January contract ended daytime trading 0.2% lower at 769.50 yuan ($119.26) a tonne. It rose as much as 4.3% earlier in the session. Futures have climbed 50% in just three weeks, joining gains in aluminum to energy as rising demand, stalled supply lines and climate policy send an index of raw materials to the ... (full story)