10
Dec
00:00
Chinas shipbuilders struggle to keep afloat
China’s shipbuilders are struggling with overcapacity and Beijing is using selective credit to force unprofitable operations out of the market, according to recent reports. While demand for shipbuilding steel is expected to see moderate growth next year, the growing concentration of shipyards could favour established suppliers, Kallanish observes.
China has only 1,600 functioning shipyards, down from a peak of over 3,000 in 2012, according to China Ass…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous