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Chinese stockpiles rise as pricing expectations fall

Stacking up: Port and mill inventories of iron ore in China are high (photo: Peter Craven)

Stacking up: Port and mill inventories of iron ore in China are high (photo: Peter Craven)

The iron ore price defied expectations last year, thanks to an unforeseen stimulus plan in China centred on infrastructure. After reaching a low of US$37 per tonne in late 2015, the price rebounded strongly...

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