15
Nov
13:58
China's shipbuilding completions slow in October
China's shipbuilding completions fell back in October, but orders-in-hand are still increasing.
According to the China Association of the National Shipbuilding Industry (CANSI), China's shipbuilding completions reached 30.87 million deadweight tonnes in January-October, seeing a 3.6% decline year-on-year. Completions in October alone slumped 20.46% to 3.07m dwt.
Based on Kallanish estimates, finished steel consumption in October therefore w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous