Xinhua
China’s Tianjin Port saw iron ore imports rise about 60 per cent year on year to around 57.06 million tonnes last year, the Tianjin Customs said on Monday.
The sustained growth in iron ore imports has been attributed to the huge demand for raw materials from the country’s steel industry, which gained momentum because of China’s effective epidemic control in 2020.
The iron ore imports via private enterprises doubled to 17.59 million tonnes in the period, while that via state-owned enterprises surged 50 per cent to 27 million tonnes.
The port on the coast of the Bohai sea is a pivotal shipping outlet for the Beijing-Tianjin-Hebei region.
