15
Aug
10:51
China's shipbuilding completions slump in July
China's shipbuilding completions fell back in July, accompanied by a marked contraction in new orders in the month.
According to the China Association of the National Shipbuilding Industry (CANSI), shipbuilding completions in China reached 24.09 million deadweight tonnes in January-July, up by 15.6% y-o-y. Completions in July only were 2.96m dwt, which is 1.7m dwt lower than the figure in June.
Meanwhile, new orders surged by 74% y-o-y to 44.76m dwt, and orde…
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Anonymous
Very good overview of the weekly steel market.
Anonymous