Iron ore prices in Asia continue to come under pressure due to an uncertain outlook for steel demand. Prices rebounded from a near three-year low earlier this month on optimism that China's pending infrastructure projects would boost steel demand, but the recovery has been unconvincing. Amidst the slump, Australian miner Fortescue Metal (OTC:FSUMY) says its taken draconian measures to shore its bottom line - by halting all future funding for employee barbecues at its facility in Port Hedland, Western Australia.