FOCUS: Rising storage costs at Tianjin Port increase headaches for ore traders [CORRECTED]

Increasing costs for long-term storage at the Chinese port of Tianjin have added to the financial burdens facing alloy smelters and trading houses this year.

In late December 2020, Tianjin Port Group passed a proposal to raise the ceiling level on storage charges for non-ferrous cargoes held at the largest port in northern China.

From...

Published

Siyi Liu

August 23, 2021

12:30 GMT

Shanghai