China's largest Iron Ore port, Rizhao Port reported that it will increase handling fees for imported iron ore by 11 percent from Sept. 1, as iron ore stocks at China's ports remain high.

The company said in a statement:

The port will raise handling fees for imported iron ore moved out of the port via road or rail transportation to 30.5 yuan per tonne, from 27.5 yuan per tonne previously.

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