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It is known from Tianjin Custom that 544 batches of iron ore were imported at Tianjin port during the first half of 2020, totally reaching 37.859 million tons, increased by 20.6% and 13.6% respectively compared with the same period of last year. Of all these imports, 77.7% of iron ores were from Australia, about 29.428 million tons, and 11.5% from Brazil, about 4.343 million tons. In recent years,...
Read moreWith the EU recovering from Covid-19, it plans to modify its import restrictions on steel to deter any unhealthy market situation. The proposal will modify the EU import restrictions published two years ago to defer the undue supply of steel products. Considering the 25% tariff imposed on steel imports by the US would probably shift global steel supply to Europe, causing undue stockpiles on the Eu...
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