Thursday, July 17, 2008

Rizhao Iron Ore Volume Tops 29Million Tonnes In H1

China Customs statistics shows that Chinese iron ore imports through Rizhao port reached 29.27 million tonne for January to June period, making it the number one port for iron ore imports in terms of volume.

The newly-built 250,000 tonne dock has provided more room for piling up iron ore. At the same time, it has strived to enlarge market share and tonnages have jumped by 19.3% year on year in the first half of 2008.

Rizhao port is now concentrating on the construction of key projects, including the second phase of the iron ore yard, which is expected to be put into force in H2. The new projects are expected to further sharpen its edge over its competitors.

Rizhao's throughput topped 100 million tonnes in 2006 and surged by 19% to 130 million tonne in 2007. It ranks number among sea ports in China.

Source: Steel Guru

1 comment:

Anonymous said...

Do you know which chinese factories use the majority of imported Rizhao iron ore? What effect has the 2008 games had on the increasing stock piles and steel production?