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Vietnam's steel industry trade deficit was USD800 million in the first quarter of this year
The Port of Durban in South Africa has resumed operations. South Africa's main port of Durban, which was disrupted by severe flooding in last two week, has now resumed operations and thous ands of backlogged containers will be cleared within days, state-owned enterprises minister Gordan said in an online briefing. The floods caused severe damage to roads leading to the port of Durban, one of Africa's busiest shipping terminals and an extremely important import and export hub. Gordan said some refrigerators, logs and debris were eventually washed into the port during the flood, but much of the debris was removed after 72 hours of dredging. Currently trucks can enter the port terminals, which are between 60% and 100% of capacity.
As the largest container hub in sub-Saharan Africa, the port of Durban, South Africa, has slowly restarted operations after it was suspended due to flooding, KwaZulu-Natal Governor Chikarara said in a briefing. Chikarara said that the port of Durban has gradually resumed operations for unloading, and food, medical supplies and gasoline have been prioritized.
The Port of Durban h andles 60% of the country's cargo movement, with the northernmost point being the Democratic Republic of Congo. In addition, Chikarara said South Africa is expected to need 1.9 billion r and ($120 million) to complete relief efforts following the catastrophic floods. South Africa has so far allocated R1 billion to a disaster relief fund after declaring a state of disaster across the country earlier this week.
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