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.
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.
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...
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...
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...
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.
(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...
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...
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