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The rate of container dumping caused by port congestion continues to rise!

Completely crazy! The rate of container dumping caused by port congestion continues to rise! 39% of the cargo is affected, the shipping company’s rejection rate is as high as 56%, and the port is up to 64%! Blasting warehouses and rejecting cabinets, a box is hard to find… 1.The rate of container rejections caused by port congestion continues to …

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Nickel market to expand its surplus by 9 percent in 2021

Norilsk Nickel expects the Nickel market to expand its surplus by 9 per cent in 2021 as Indonesian Nickel pig iron (NPI) production outstrips demand. The surplus of nickel will increase from 87,000 tonnes in 2020 to 95,000 tonnes in 2021, Russian nickel miners said yesterday at the annual conference of the Association of Recycling …

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China Cancels Steel Export Tax Rebates

BREAKING NEWS: China Cancels Steel Export Tax Rebates  Beijing has decided to remove the export tax rebates on 146 kinds of steel products commencing May 1, according to an April 28 joint announcement from China’s Ministry of Finance and State Taxation Administration. After the long wait and market speculation, China’s governing bodies have finally announced …

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Bosch Rexroth won the 2021 Hermes Award

Bosch Rexroth won the 2021 Hermes Industrial Technology Innovation Award At the opening ceremony of the Hannover Messe this year, Bosch Rexroth was awarded the top international industry award: Hermes Industrial Technology Innovation Award. The Hermes Award for Industrial Technology Innovation was founded by Deutsche Messe AG and is announced at the opening ceremony of …

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