It had to end sooner or later. The strong rebound in iron ore prices ended after iron ore prices fell the most in four years. Blame China. Demand for Ore with 62 percent fell around 3 percent in Qingdao, China. This sent the metal’s prices sharply down by 12 percent. This marks the biggest drop since October 2011. Short-volume by speculators on the metal’s iron ore futures accelerated the fall in Qingdao. Vale (VALE) will get hurt by the latest pricing. The huge $44 billion lawsuit on it and on BHP in Brazil cannot help the company, either. This led to Vale’s 47% drop from recent highs. Cliffs’ 49% drop from yearly highs is unfortunate. The stock’s upward trend might hold, but still implies a share price of $3.00 - $3.25.