The Iron Mountain on China’s Doorstep Tops 100 Million TonsBy
Port inventories have expanded almost 8 percent this year
BHP has forecast stockpiles may expand further in 2016
There’s a mountain of iron ore sat right on China’s doorstep. Stockpiles at ports have climbed above 100 million metric tons, offering fresh evidence of increased supplies in the world’s top user that may hurt prices.
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