20
Mar
09:16
Chinese shipbuilding completions jump
China’s shipbuilding sector saw completions jump sharply year-on-year over January-February, suggesting firm steel demand. The sector remains in a downturn, however, with volumes over the year likely to be roughly flat from 2016, Kallanish notes.
Over the first two months of the year, China completed 9.36 million deadweight tonnes of ship, according to the China Association of the National Shipbuilding Industry (Cansi). That equates to around 3.2…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous