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New report highlights decade of falling electricity production in South Africa
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A new Council for Scientific and Industrial Research (CSIR) report offers a sobering picture of declining electricity system production and demand between 2010 and 2020 – a trend that was amplified further during Covid-hit 2020, when demand slumped by a sharp... |
Port shipping line is strong, import and export are strong!
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 built another 1-million-ton ferrochrome project abroad except for Indonesia
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. |
It is estimated that the global seaborne trade volume in 2021 will exceed that in 2019
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. |
At present, South Korean shipping enterprises have undertaken nearly half of the world's container ship orders
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... |
Turkey's hot rolled coil exports fell 59.1% in January
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According to the data provided by Turkish Institute of Statistics, in January this year, Turkey's total exports of hot rolled coil (HRC) decreased by 50.9% compared with December last year to 109640 tons, a year-on-year decrease of 59.1%. |
Merafe: demand for ferrochrome will recover in 2021
The coronavirus pandemic vaccine is expected to boost the demand for ferrochrome in 2021, said Merafe, GLENCORE's ferrochrome enterprise in South Africa. |
Freight is expected to remain high
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. |
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