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Beijing policymakers now busily easing conditions may have had a look at literal mountains of...
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Thursday, June 7, 2012, 7:59 AM ETBeijing policymakers now busily easing conditions may have had a look at literal mountains of iron-ore built up along China's eastern seaboard. The stockpiles hit an all-time high of 120 million tons as steelmakers hold off on orders. Coal is piling up as well, with stocks 40% higher than a year ago as electricity demand wanes.
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