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05 Apr
10:02

China's shipbuilding completions surge in Jan-Feb

China's shipbuilding completions soared in January and February this year, and the rise in new orders also indicates that steel demand in the shipbuilding industry should remain strong, Kallanish notes. According to the China Association of the National Shipbuilding Industry (CANSI), China's shipbuilding completions surged by 95.4% to 8.26 million deadweight tonnes in January-February 2024. This work should consume around 2.83 million tonnes of s…
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