Iron ore proxies steadied Tuesday with Vale's NYSE shares at US$14.22, as markets weighed China's construction orders and modest stimulus hopes. CSN.

Latin American steel proxies diverge: CSN drops 2.42% on earnings while Gerdau stalls at US$4.96. Ternium edges up 0.26% as investors digest cheap Chinese impor

Vale's New York shares rose 0.47% to US$15.06 on Friday, while Rio Tinto fell 0.34% and CSN Mineração slipped 0.17%, on mixed signals from China's steel.