Plunging iron ore price wipes $100bn off leading miners’ market value Financial TimesToo Much Steel in China Means Trouble for the World BloombergPlummeting iron ore prices on back of China’s property crisis could wipe $3b from federal budget ABC NewsChina, the world’s top steel producer warns of ‘severe’ industry crisis Hindustan TimesThe world’s biggest steelmaker warns of a looming industry crisis that will outpace 2008’s downturn Markets Insider