Reportedly, Hebei Steel, one of the major steelmakers in China has started the construction works of its new projects in Caofeidian Logistics Park
It's known that the company invested around RMB6.8 billion in Caofeidian Logistics Park, aiming to build 20,000 metro tons break-bulk berths, two 50,000 metric tons general cargo and bulk berths and two 250,000 metric tons specialized ore berths.
Once the construction is completed, the Caofeidian Logistics Park is expected to become a multifunctional logistics park, a steel processing and distribution center and an electric trading platform