[The value of single container cargo on the China Europe freight train increased by 41%]On June 4, 2026, it was reported that the single container cargo value of the China Europe freight train increased by 41% year-on-year, the customs clearance efficiency improved by 30%, and the stable operation of connecting Asia and Europe was achieved, restructuring the cross-border supply chain system.Editor/Gao Xue
Recently, SimFer, a joint venture between China Aluminum and Rio Tinto, has completed the construction of the Simandou iron ore branch railway. The 74 kilometer line connects the mining area with the main line and can transport 60 million tons of iron ore annually.Editor/Gao Xue
On May 28, 2026, Dexin Steel Pipe signed a contract to settle in the Lekki Free Trade Zone in Nigeria, intending to construct a pipe processing base in stages and invest in building 2 million tons of steelmaking capacity to create a competitive steel pipe industry base in West Africa.Editor/Gao Xue