07
Jan
09:51
Posco to expand steel for LNG-fueled Vessels
South Korea major steelmaker Posco is considering to expand supply of steel products used for liquid natural gas (LNG)-powered vessels, including 9% nickel steel and high manganese steel, Kalllanish notes from Business Korea.
Posco expects the LNG fuel tank market to thrive from 2021 as global demand for LNG-powered vessels is expected to grow fast. It predicts that LNG-fueled ships will grow from KRW 20 trillion ($18.4 billion) in 2020 to KRW 130 trillion in…
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Anonymous
Very good overview of the weekly steel market.
Anonymous