Daqin railway August shipments fall 4.3% on year as cost inversion curbs rail flows

China's Datong-Qinhuangdao (Daqin) railway, a crucial coal-dedicated heavy-haul corridor, shipped 30.91 million tonnes of bulk commodities in August, down 4.3% year on year and 2% from July, operator Daqin Railway Co., Ltd said on September 7.

The 653-km line runs from Datong in North China's Shanxi province – one of China's largest coal mining hubs – to Qinhuangdao port on the Bohai Sea, with coal accounting for nearly 90% of its total shipments, as Mysteel Global has reported. The on-year decline in August was the second