China adjusts to the ‘new normal’

Total shipments from Australia and Brazil – significant iron ore suppliers – decreased by 12.5% week-on-week to 22.08 million tons for the week ending March 18.

Before this order, Metso conducted the concept study and process test for the project. Basic engineering for the project is ongoing.

The United States has announced plans to impose an additional 10% tariff on a further US$200B worth of Chinese imports.

The Chinese port of Ningbo claims to be the first in the world to handle 1 Bt of cargo in a calendar year.

China’s Baosteel Meishan has placed an order with Aumund Fördertechnik GmbH for four rotary discharge machines to extract coal from the silos.

Cargotec-owned MacGregor has received an order from Yangzijiang shipyard in China to equip five 62,000 dwt open hatch bulk carriers (OHBC) with hatch covers and cranes.