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Zhanjiang Port: Poised to Establish South China Iron Ore Trading Distribution Center

https://en.steelhome.com [SteelHome] 2018-12-18 11:54:16

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Vale recently organized the 2018 Technical Seminar (South China) in Zhanjiang city, which attracted 20+ mills and industry experts from Baowu Group, Shougang Shuicheng Steel Group, Hunan Valin Steel Group, Beijing Iron Ore Trading Center etc.

Vale introduced the advantage of Vale's iron ore, the pricing competitiveness, marketing efforts and market share etc. to the participants. The world top mining giant also highlighted the perspective and scenario of BRBF ore. Vale aims to make Zhanjiang port as the Vale ore blending base of South China.

Zhanjiang port will do the study of Vale's ore blending business, work together with miner, traders, trading platform etc. in a bid to establish an iron ore trading and distributianto center in South China, said representative from Zhanjiang port.

It is introduced that the port in 2018 saw the 6 percent rise in its iron ore throughput, among which Vale blending ore skyrocketed by 215 percent.

The port vows to realize annual 10 million tons of ore blending by 2020, tamping the ore blending base for Vale.

(To contact the reporter on this story: tina.tong@steelhome.cn or 86-21-50585733)
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