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Home Icon > About Us > News > Finally some backed optimism in the dry bulk sphere: Capes benefiting from China’s hunger for iron ore

Finally some backed optimism in the dry bulk sphere: Capes benefiting from China’s hunger for iron ore

Strong Chinese steel output has been a fact: China produced 94.02 million tonnes of crude steel in March (up 19% from a year earlier) and, therefore, demand for the raw steelmaking ingredient of iron ore has also been supported. The infrastructure-intensive governmental stimuli put forward to assist in Chinese economy’s rebound post-covid in tandem with ...

The post Finally some backed optimism in the dry bulk sphere: Capes benefiting from China’s hunger for iron ore first appeared on Hellenic Shipping News Worldwide.

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Strong Chinese steel output has been a fact: China produced 94.02 million tonnes of crude steel in March (up 19% from a year earlier) and, therefore, demand for the raw steelmaking ingredient of iron ore has also been supported. The infrastructure-intensive governmental stimuli put forward to assist in Chinese economy’s rebound post-covid in tandem with ...

The post Finally some backed optimism in the dry bulk sphere: Capes benefiting from China’s hunger for iron ore first appeared on Hellenic Shipping News Worldwide. [post_title] => Finally some backed optimism in the dry bulk sphere: Capes benefiting from China’s hunger for iron ore [post_excerpt] => Strong Chinese steel output has been a fact: China produced 94.02 million tonnes of crude steel in March (up 19% from a year earlier) and, therefore, demand for the raw steelmaking ingredient of iron ore has also been supported. The infrastructure-inte... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => finally-some-backed-optimism-in-the-dry-bulk-sphere-capes-benefiting-from-chinas-hunger-for-iron-ore [to_ping] => [pinged] => [post_modified] => 2021-04-26 21:00:58 [post_modified_gmt] => 2021-04-26 21:00:58 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=865618 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )