A total of 2,164 wagons were transferred through the Chop – Zahony land border crossing in April, with the average daily handling rate of 72 wagons (63 units on export routes and 9 units in the import direction), falling behind the March daily handing by 10 wagons.
Iron ore quotes have plunged in China. Country’s steel plants had accumulated stocks ahead of a five-day national holiday in China, which put pressure on quotes.
About 290 wagons (three or four trains) were transferred daily through the Chop – Čierna nad Tisou land border crossing in the period from April 1 till April 27.
Gondola car rental rate index, €/day*
Iron ore quotes have fallen again in China due to growing offer of the raw material from major miners, steel production curbs in China and, as a result, slackened ore demand from local steel mills.
About 292 wagons (three or four trains) were transferred daily through the Chop – Čierna nad Tisou land border crossing in April 1-20.
Iron ore prices have started going down in China after the last week’s increase. Despite the fact that iron ore stockpiles dropped to almost a six-month low at local ports, demand for all origins has weakened due to the ongoing slowdown on the market of finished steel products, deteriorated by expectations of new production…… Read more »
A total of 1,414 wagons were transferred through the Chop – Zahony land border crossing in the period from April 1 till April 17.
Approximately 291 wagons (four trains) per day were transferred through the Chop – Čierna nad Tisou land border crossing from April 1 till April 13. A total of 3,223 wagons were waiting in a queue at the Chop station on April 13 (down 198 wagons over the week).