Iron ore stocks fall at Chinas major ports

China's major ports have seen their iron ore stockpiles fall to a three-year low due to smaller imports, which analysts believe will help curb the overcapacity problem plaguing China's steelmakers. As of March 8, combined iron ore inventories at 30 major Chinese ports declined by 2.98 million tonnes from a week ago to 66.54 million tonnes, the lowest level since mid-January 2010, data ...