Source: China – South China Morning PostChina’s state planner has told some iron ore traders to release excessive inventory and reduce stocks to reasonable levels, following a joint investigation with the market regulator in Qingdao, one of the country’s biggest iron ore ports.The National Development and Reform Commission (NDRC) said in a statement on Thursday that it and the State Administration of Market Regulation (SAMR) have learned of changes of iron ore inventory in Qingdao Port and retrieved a list of companies with rapid…Read More