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21 Mar
05:25

China's shipbuilding completions decline in January-February

China's shipbuilding completions fell year-on-year in the first two months of 2022, with new orders also slumping markedly. In the reporting period, shipbuilding completions declined by 9.6% on-year to 6.53 million deadweight tonnes, which suggests around 2.26 million tonnes of finished steel was consumed in the two months based on Kallanish estimates. According to the China Association of the National Shipbuilding Industry (CANSI), China&#…
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