| Steel - |
| Latest Updates |
Mysteel : domestic shipbuilding market recovers slowly
During the first five months, China completed 23.65 million deadweight tons of ships, including 7.65 million compensated gross tons of seagoing vessels, accounting for 81% of total ship exports.
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Ship Plate Price Soar Thumps China’s Shipbuilders
The new round of ship plate price rise may make domestic shipbuilders fell colder, a reporter of Oriental Morning Post says.shipbuilders feel aggravating pressure recently from increasing shipbuilding cost caused by ship plate price hike, since the ship market is still in depression.
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Medium Plate Market Stable in High Level in Q2
Medium plate market is still in a good situation by mid-Apr: price continues to rise up and transactions are active. Some traders and insiders think medium plate market will keep the situation in the second quarter, but there will some possible uncertainties in future.
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