Vale Predicts Global Seaborne Iron Ore Demand Will Reach 1.4 Billion Tons Next Year

Vale Predicts Global Seaborne Iron Ore Demand Will Reach 1.4 Billion Tons Next Year

Vale predicts that global seaborne iron ore demand will reach 1.35 to 1.4 billion tons this year, as future new supply is limited, with prices expected around $50 per ton. Recently, due to declining steel demand in China, spot iron ore prices have fallen below $40, reaching a ten-year low. Despite pressure on global iron ore supply, increasing demand outside of China may offset this. Additionally, the reduction in new supply is one of the key factors.

12/30/2023 Logistics
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Odyssey Plastic Pallets Boost Logistics Safety Replace Wood

Odyssey Plastic Pallets Boost Logistics Safety Replace Wood

Odyssey plastic pallets are the preferred choice for efficient logistics due to their superior durability, stability, safety, and environmental friendliness. Compared to wooden pallets, Odyssey pallets have a longer lifespan, reducing replacement frequency and costs. Special designs, such as steel reinforcement and friction elements, enhance load-bearing and anti-slip performance. Their easy-to-clean properties ensure hygiene, and they are perfectly compatible with automated equipment, helping businesses achieve more efficient and safer logistics operations while promoting sustainable development.

01/20/2026 Logistics
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Construction Experts Stress Rebar Weight Calculations for Safety

Construction Experts Stress Rebar Weight Calculations for Safety

This paper delves into the calculation methods and importance of reinforcement weight in construction engineering. It provides a detailed analysis of the reinforcement weight calculation formula and examines the weight differences of steel bars with different diameters through practical case studies. The study emphasizes the critical role of accurately calculating reinforcement weight for project budgeting, construction planning, and safety assurance. The aim is to enhance the reader's understanding of reinforcement engineering and the importance of precise material estimation in construction projects.

Businesses Adapt Strategies to Trumpera Tariffs Supply Chain Risks

Businesses Adapt Strategies to Trumpera Tariffs Supply Chain Risks

The Biden administration partially lifted Trump-era steel and aluminum tariffs, aiming to alleviate inflation and supply chain issues. Experts advise businesses to proactively respond by optimizing supply chain management, improving operational efficiency, and strengthening compliance. Different industries should develop differentiated strategies based on their specific characteristics. This move may be the beginning of reaching similar agreements with other countries, deepening trade negotiations with the EU. Businesses need to constantly adapt to changes and establish a robust supply chain risk management framework.

Tianjin and Riyadh Strengthen Ties Via Trade Culture

Tianjin and Riyadh Strengthen Ties Via Trade Culture

This paper analyzes the geographical distance, cultural differences, and economic and trade cooperation between Tianjin and Riyadh, the capital of Saudi Arabia. Despite the vast distance and significant cultural disparities, close cooperation exists in areas such as oil imports, chemical investment, and steel trade. In the context of globalization, strengthening exchanges and cooperation between Tianjin and Saudi Arabia is of great significance. This collaboration fosters mutual benefits and contributes to the broader development of both regions, promoting economic growth and understanding.

US Tariffs Hike Disrupts China Crossborder Ecommerce

US Tariffs Hike Disrupts China Crossborder Ecommerce

The US has initiated or increased tariffs on six categories of Chinese goods imported into the US, with rates generally high, reaching up to 1157.53% in some cases. Affected products include hardwood plywood, softwood plywood, brake drums, low-speed personal transportation vehicles, temporary steel fences, and slag pots. Cross-border e-commerce companies should adopt strategies such as diversifying market layouts, increasing product added value, and ensuring compliant operations to cope with trade risks. These measures are crucial for mitigating the impact of these new tariffs and maintaining competitiveness in the global market.

GMS Tackles Supply Chain Disruptions with Inventory Strategy

GMS Tackles Supply Chain Disruptions with Inventory Strategy

Facing challenges in the construction materials supply chain, GMS proactively addresses market demands and extended delivery times by increasing inventory of wallboard and steel, optimizing supply chain management, and implementing lean inventory principles. Their inventory strategy offers valuable lessons for other businesses, emphasizing the importance of supply chain resilience and risk management. By strategically managing inventory levels and streamlining processes, GMS demonstrates a commitment to meeting customer needs amidst supply chain disruptions. This approach highlights the critical role of proactive planning and adaptation in navigating the complexities of the modern construction materials market.

COSCO SHIPPING Opens New East Chinacentral Asia Trade Route

COSCO SHIPPING Opens New East Chinacentral Asia Trade Route

The successful inaugural run of COSCO SHIPPING's "East China-Wuhan-Andijan" China-Central Asia Railway Express marks the full opening of a new cross-border transportation channel from East China to Central Asia. Leveraging the sea-rail intermodal advantages of Wuhan Port, this train provides a stable and controllable logistics route for the export of bulk commodities such as steel from East and Central China to Central Asia. It supports the opening-up of inland regions by offering a reliable transportation solution to facilitate trade between these areas and Central Asia.

01/15/2026 Logistics
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Warehouse Shortages Drive Industrial Rent Surge

Warehouse Shortages Drive Industrial Rent Surge

JLL reports that the US industrial real estate market experienced record-low vacancy rates and soaring rents in Q2, driven primarily by the logistics sector. Steel shortages are impacting construction, giving landlords a significant advantage and highlighting supply chain bottlenecks. Businesses should plan ahead, adopt flexible site selection strategies, and optimize their supply chains. Investors need to carefully assess risks. The market presents both challenges and opportunities. The tight market conditions are expected to continue, demanding proactive strategies from both tenants and investors to navigate the evolving landscape.

Logistics Industry Terminology Explained

Logistics Industry Terminology Explained

This article provides a detailed analysis of important professional terms in the logistics industry, including procurement personnel, hazardous materials shipping processes, breakbulk cargo, customs inspection, and customs documentation. Through the interpretation of these professional terms, the article aims to help readers better understand the complexity of logistics operations and the specific operational processes involved.