Subscribe to RSS feedGlobal steel production to shrink 7%, says forecaster
by
Obsidian
—
last modified
Jan 29, 2009 12:00 AM
In more bad news for dry bulk shipping, global steel production is forecast to fall by just over 7% this year, according to HSBC.
In a report from Hong Kong, HSBC said it took the view that the world was in the worst synchronised global economic downturn since the 1930s, and global steel production cuts seen so far are on a par with those...
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 |
