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Since the beginning of this year, the tight shipping capacity in the international container shipping market has eased significantly, with freight rates on major routes falling from their peak and gradually stabilizing. For steel exporters, the decrease in shipping costs has effectively improved export profit margins and brought more competitive overall procurement costs to overseas customers. At the same time, the operational efficiency of major domestic ports has continued to improve, and the overall logistics time for steel exports has been significantly shortened compared to the same period in previous years, providing favorable conditions for the stable delivery of foreign trade orders.
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