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17 Feb
11:35

China's shipbuilding steel demand hikes in 2022

Driven by the demand for new ships in recent years, the demand for shipbuilding steel in China has increased significantly in 2022. According to the China Association of the National Shipbuilding Industry (CANSI), China's shipbuilding steel consumption exceeded 12 million tonnes last year, a year-on-year increase of 22.4%. This is also the first time since 2017 that the data has rebounded to more than 10mt, CANSI says. This includes demand for about 10.2m…
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