Japanese resurgence buoys vessel demand
The Baltic Dry Index posted its third consecutive daily gain yesterday, rising 5% to 3763 points, on stronger Japanese demand for vessels.
Steel resolve: Positive signs in Japan
Japan’s industrial output had its biggest surge in 56 years in April as exports bounced back.
Nippon Steel, the country’s biggest steelmaker, is forecast to boost mill capacity by as much as 70% from July as demand from car manufacturers recovers,...
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