Finance & Economy
Release of monthly electricity consumption budget of high energy consuming enterprises in Ulanqab, Inner Mongolia in March 2021
On February 23, Ulanqab, Inner Mongolia, issued a letter on the estimated power consumption of high energy consuming enterprises in March 2021. |
China Europe shipping costs soar!
In recent months, shipping costs from China to Europe have quadrupled due to tight shipping space. |
Steel export tax rebate may be cut to 9% or cancelled
According to relevant reports, the Asian steel market has been talking about the possibility of China cutting the steel export tax rebate from the current 13% to 9%, or abolishing it altogether. |
China's container ports are becoming more competitive
China's central position in Global trade has been further strengthened in 2020. Although the epidemic has more or less affected the supply chain, China's major container hub ports continue to achieve record volume growth. |
China will no longer pay for Australian iron ore
In the future, China will definitely develop an iron ore area similar to Pilbara in Africa. |
EU ferrochrome hit a two-year high, still in an upward trend
Since the beginning of this year, the price of high carbon ferrochrome in Europe has risen steadily and has reached the highest level since November 2018. |
‘Green’ trend an opportunity for mining
Africa’s minerals sector should “seize the opportunities presented by the global transition towards green energy”, experts noted during a virtual webinar on the future of mining in Africa, post-Covid-19. |
Fenix's Iron Ridge ships first ore
First ore from the Iron Ridge mine, in Western Australia, has departed from the Port of Geraldton, with the next export vessel scheduled to arrive in late February. |



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