Zhanjiang saw a resumption of growth in its economy in the first half of this year after the outbreak of the novel coronavirus (COVID-19) pandemic.

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According to Tianjin Customs, in the first half of this year, a total of 37.859 million tons of iron ore were imported at Tianjin port.

Citigroup said in a report that by the end of this year, iron ore inventory in Chinese ports may increase to 140 million tons.