Metal Biz reports that the import of nickel ore at Shandong Rizhao port broke through 4.6 million tonnes in the first eight months of this year, standing at the forefront of China's coastal ports.
As a result the imported price of nickel ore at Rizhao has become the standard of pricing in China's domestic nickel ore market.
Source: Steel Guru
Showing posts with label rizhao. Show all posts
Showing posts with label rizhao. Show all posts
Wednesday, October 7, 2009
Saturday, May 23, 2009
Rizhwo Receives 30 Million Tonnes Of Iron Ore In Four Months
According to Mr Wand Jianbo GM of Rizhao Port 30.55 million tonnes of iron ore has been imported at Rizhao Port from Jan to April up by 14.9% YoY and imports in March created a new monthly record for the port.
Mr Wang Jianbo viewed that iron ore imports are mounting and the volume delivered out of the port is also increasing, so stocks haven't piled up sharply. He said that as the largest iron ore handling port by capacity, rising iron ore imports at Rizhao Port should be attributed to five factors: good location, convenient transportation, qualified handling capacity and condition, superior service and many mills around it.
With traders expecting a rally in price due to the iron ore spot price remaining lower than long-term contract prices and cheap ocean freight, iron ore imports have shot up. Mr Wang said in reference to the suggestion that traders and miners are storing iron ore at the ports ia readiness for a future price rally: "we haven't discovered such a situation so far at Rizhao Port."
Source: Steel Guru
Mr Wang Jianbo viewed that iron ore imports are mounting and the volume delivered out of the port is also increasing, so stocks haven't piled up sharply. He said that as the largest iron ore handling port by capacity, rising iron ore imports at Rizhao Port should be attributed to five factors: good location, convenient transportation, qualified handling capacity and condition, superior service and many mills around it.
With traders expecting a rally in price due to the iron ore spot price remaining lower than long-term contract prices and cheap ocean freight, iron ore imports have shot up. Mr Wang said in reference to the suggestion that traders and miners are storing iron ore at the ports ia readiness for a future price rally: "we haven't discovered such a situation so far at Rizhao Port."
Source: Steel Guru
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
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
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