13
Jul
04:47
Korean shipbuilders face orders crisis
Korean shipbuilders have seen orders collapse to record lows this year as the sector contracts and they struggle to compete against cheaper suppliers. The three major shipbuilders have meanwhile been excluded from a rescue package for the industry amid ongoing labour disputes, Kallanish notes.
New orders in the first half of the year came to just 830,000 compensated gross tonnes, down -88% year-on-year, according to Clarkson Research Services. This was by far th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous