20
Apr
05:13
China's March shipbuilding completions hit two-year high
China's shipbuilding completions rebounded rapidly in March, with the Chinese economy boosted in the first quarter, bringing monthly completions to the highest since December 2020.
According to the China Association of the National Shipbuilding Industry (CANSI), shipbuilding completions in March surged 133% on-month and gained 60.4% year-on-year to 4.94m dwt. This wiped out previous declines to bring completions in January-March up 4.6% y-o-y at 9.17m dwt, com…
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Anonymous
Very good overview of the weekly steel market.
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