The port on the coast of the Bohai Sea is a pivotal shipping outlet for the Beijing-Tianjin-Hebei region.

Major steel producers churned out 22.82 million tons of crude steel in mid-February.

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.

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.

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.

In recent years, the price fluctuation of stainless steel spot market is extremely fierce, and the market trend is a topic closely concerned by the two session.

On March 9, 2021, Ningbo Baoxin successfully produced 0.049mm wide ultra-thin precision stainless steel strip, which is known as "hand tearing steel" by the public.

Last week, it was reported that the container spot freight rate of trans Atlantic route from northern Europe to the east coast of North America has returned to the pre epidemic level.