28
Apr
11:38
Korea pushes shipbuilding sector restructuring
South Korea’s massive shipbuilding sector has seen orders dry up, debts expand and losses mount in the last year. Regulators now say they will push more strongly for a restructuring drive spearheaded by indebted shipbuilding and shipping firms and their creditors, Kallanish notes.
The Korean Financial Services Commission says it will ask shipbuilders to implement stronger measures to reduce debts and boost profitability. It has also specifically asked Daew…
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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