Short Range Outlook : April 2022

Fortescue finds funding for growth projects

War in Ukraine a major gamechanger for global longs market

The low utilisation of hot-rolled coil (HRC) quotas so far this quarter is testimony to low demand for imported tonnes at the start of this year.

NIOB can accommodate vessels with a maximum length of 300m, width of 48m and draft of 14.5m.

The increases led Brazil to reach a total 182,841MW in installed capacity.

The company's standalone capacity utilisation was 98pc during January-March compared with 93pc for the same period last year.

After operating steadily for three months, an offshore wind farm in Shantou city, South China's Guangdong province, generated over 100 million kilowatt-hours (kWh) of electricity by March 29, according to the developer Datang Shantou New Energy Co Ltd.