Global insight
It is estimated that the global seaborne trade volume in 2021 will exceed that in 2019
Recently, Clarkson research services said that although major uncertainties still exist, it is expected that the global seaborne trade volume in 2021 will return to and exceed the level of 2019. |
At present, South Korean shipping enterprises have undertaken nearly half of the world's container ship orders
According to the data released by Clarkson, a British Shipbuilding and shipping dynamic analysis organization, on the 9th, the global new orders of container ships this year are 2446992 tons (66 vessels), of which the South Korean shipbuilding enterprises have... |
Nippon Steel to cut capacity by 20% by 2025
Nippon Steel Corporation, which is based in Japan, said that under its new five-year plan, it would reduce crude steel capacity by 20% by 2025, close its blast furnaces to cope with falling domestic demand and aim to help the country achieve its goal of net ze... |
Qingshan holding, a leading stainless steel company, will build a new steel plant in Africa
The world's top 500 company, Castle Peak Holdings Group, plans to build a new steel plant in Zimbabwe, Africa. The project is scheduled to start in May this year. |
Turkey's hot rolled coil exports fell 59.1% in January
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According to the data provided by Turkish Institute of Statistics, in January this year, Turkey's total exports of hot rolled coil (HRC) decreased by 50.9% compared with December last year to 109640 tons, a year-on-year decrease of 59.1%. |
Merafe: demand for ferrochrome will recover in 2021
The coronavirus pandemic vaccine is expected to boost the demand for ferrochrome in 2021, said Merafe, GLENCORE's ferrochrome enterprise in South Africa. |
South Africa's secondary power rationing started on the evening of March 10 and may last until the weekend
Affected by the loss of power generation capacity of power companies, eskom3 announced on October 10 that it would implement the second phase of power rationing from 5 p.m. on Wednesday to 11 p.m. on Friday, according to the South African government on the 10t... |
Korean POSCO stainless steel pipe new technology has achieved license
Korean POSCO has jointly developed a new technology to replace traditional copper pipes with high-quality high carbon stainless steel (PossFD) for existing air conditioning pipes. |
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