21
Apr
09:49
Chinese shipbuilding completions increase, new orders blowout
China's shipbuilding industry maintained a positive trend in the first quarter. The global economy has gradually come out of its trough and triggered a surge in freight markets, leading new orders to skyrocket, Kallanish notes.
According to China Association of the National Shipbuilding Industry (CANSI) data, China's shipbuilding completions reached 9.79 million deadweight tonnes in January-March, an increase of 39.8% year-on-year. This…
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Anonymous
Very good overview of the weekly steel market.
Anonymous