Baosteel(SH:600019) Xin Lang Cai Jing·2026-01-17 05:22Group 1 - The first shipment of nearly 200,000 tons of Simandou iron ore successfully arrived at China Baowu's Majishan Port, marking a significant milestone in the global steel industry [1] - The shipment, which took 46 days and covered 10,958 nautical miles from Guinea's Maribaya Port, signifies the full integration of the supply chain from mining to domestic port transportation, enhancing iron ore supply capacity [1] - This development is expected to inject new strength into global iron ore supply and is crucial for raw material security for Baowu and Chinese steel enterprises [1] Group 2 - The second shipment of Simandou iron ore has already been dispatched at the end of last year, with Baowu Resources planning to leverage Simandou as a leading source to boost total iron ore production domestically and internationally [2] - Baowu Resources aims to create value for customers by establishing a "second warehouse" and acting as a "mining consultant" in the steel industry ecosystem [2]