OREANDA-NEWS. April 13, 2012. Hebei Iron and Steel Group began construction of the Caofeidian Integrated Logistics Park, an important measure for the group to break into the modern logistics sector through implementing transformation and updating programs.

The 6.8 billion yuan project will involve two 20,000 DWT cargo berths, two 50,000 DWT general cargo berths and two 250,000 DWT iron ore berths, combined capable of handling 30 million tons of iron ore, 5.80 million tons of finished steel and 4.20 million tons of metallurgical raw materials per year.