The port shipping sector was stronger on the 9th, affected by a series of positive factors, Xinhua reported. As of the close of the day, tonghuashun port shipping plate rose 2.12%.

Qingshan Group signed a $1 billion (S $1347 million) framework agreement with Zimbabwe in June 2018 to build a steel plant with an annual capacity of 2 million tons, Reuters reported.

Ukraine's ferroalloy exports fell by 39.1% in February

Recently, Clarkson research services said that although major uncertainties still exist, it is expected that the global seaborne trade volume in 2021 will return to and exceed the level of 2019.

According to the data released by Clarkson, a British Shipbuilding and shipping dynamic analysis organization, on the 9th, the global new orders of container ships this year are 2446992 tons (66 vessels), of which the South Korean shipbuilding enterprises have...

Nippon Steel Corporation, which is based in Japan, said that under its new five-year plan, it would reduce crude steel capacity by 20% by 2025, close its blast furnaces to cope with falling domestic demand and aim to help the country achieve its goal of net ze...

The world's top 500 company, Castle Peak Holdings Group, plans to build a new steel plant in Zimbabwe, Africa. The project is scheduled to start in May this year.

Li said the larger goal is to promote green transformation of traditional industries and speed up development of new industrial clusters for more sustainable development in the city.