Monday, October 6, 2014
foundry steel smelting smelter
Maritime News

World Steelmakers See Demand Growth Cooling Amid Ukraine Crisis

Steel consumption will grow at a slower pace as the crisis in Ukraine and the cooling Chinese real estate market contribute to declining demand, the World Steel Association said.

October 6, 2014
Total Views: 3

Monday, October 14, 2013
Shanghai Waigaoqiao Shipbuilding

China Steel Binge Spurs Record Hiring of Ore Carriers

View Larger Map Above is a satellite view of Shanghai Waigaoqiao Shipbuilding which is busy building large bulk carriers. Oct. 15 (Bloomberg) — Freight traders are hiring record numbers of...

October 14, 2013
Total Views: 1

Thursday, September 5, 2013
steel manufacturing molten iron industrial

Steel Rallies as Demand from Chinese Builders Outpaces Supply

Sept. 5 (Bloomberg) — The fastest Chinese steel output on record is still too slow to meet demand from builders, reducing inventories and driving prices toward a bull market. Production...

September 5, 2013
Total Views: 0

Saturday, August 10, 2013
vale sa

Vale Says China Proving Pessimists Wrong on Steel Output

Aug. 8 (Bloomberg) — Vale SA, the biggest iron-ore producer, forecasts the steel-making ingredient’s main buyer China will increase steel output about 10 percent this year. China probably will produce...

August 10, 2013
Total Views: 0

Monday, July 29, 2013
iron steel production factory industry

World Steel Production and Utilization: Shipping Requirements Restrained

The World Steel Association, whose members represent approximately 85% of world steel production, reported that world crude steel production for the 64 reporting countries was 132 million tons (mt) in June 2013, an increase of 1.9% as compared to June 2012.

July 29, 2013
Total Views: 2

Tuesday, September 18, 2012
Genco Tiberius shipping capesize

Capesize Owners Breathe Sigh of Relief, For Now…

(Bloomberg) — Iron-ore ships are poised to earn more than operating costs for the first time this year as rates rally on speculation Chinese steel mills will accelerate imports because...

September 18, 2012
Total Views: 1

Tuesday, September 11, 2012
steel rebar industrial

Market Talk: Capesize Rates Could Bounce to $20k

The dry-bulk shipping market has been in the doldrums again of late (the Baltic Dry Index is again near record lows and recently had a 31-session streak of declines), no...

September 11, 2012
Total Views: 0