Iron Ore Rings In 2016 as Holdings Swell at China's Ports

Updated on
  • Holdings at ports may top 100 million tons in 2016, Maike says
  • Reserves increase for fourth straight month as supply rises

Iron ore stockpiles at ports in China are heading into 2016 at the highest level in more than seven months as expanding low-cost supplies and sputtering demand in the biggest buyer spur concern that a glut will persist, hurting prices.

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