Subscribe to RSS feedChinese ship prices to fall despite steel costs
by
Hui Ching-hoo, Hong Kong
—
last modified
Aug 06, 2009 03:56 PM
ANALYSTS believe the price of Chinese newbuildings will continue to soften in the second half of the year, despite a 33% surge in the country’s steel price between April and June.
The China Iron and Steel Association earlier reported that the country’s 71 large and medium steel producers recorded a profit in June for the first time in six months. The association attributed the rebound to producers significantly increasing the price...
This full article is available to Lloyd's List DCN subscribers only.
If you are already a subscriber, please sign in below.
If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here.
Alternatively, click here to subscribe.
| Tweet |
