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SPG's Rizhao Port hits record high nickel ore market share

|chinadaily.com.cn |Updated: March 8, 2022
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Lanshan company of Rizhao Port boosted its regional market share of nickel ore to 77 percent in the first two months of the year, a 4 percent year-on-year increase that set a new record.

Confronted with the combined impact of rainy season in Philippines and the declined production of the enterprises in hinterland, the nickel ore market shifted into its off season. Thanks to the well-timed decision, intensified interaction with ferronickel enterprise and close attention to the evolving market, the company has grasped the dynamic market swiftly and spared no effort for the resources. Besides, Rizhao Port has also streamlined the working procedure and constantly improved "highway-railway" coordinated transport service. Together with their efforts in site vacating and expedited service, they extended the business scope and expanded the working patterns, laying a solid foundation for the development of nickel ore market in the second quarter of 2022.

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Shandong Port Group is the world's largest port conglomerate in terms of cargo capacity. [Photo provided to chinadaily.com.cn]

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