Japanese ship steel orders may plunge in second half
Apr 28, 2012 | 04:04 AM
Steel demand from Japan's shipbuilders is expected to plunge as much as 20% in the second half of this year as the long-run effects of the global economic crisis takes its toll on the number of ships being built.
“In the October-March period, we expect orders from shipbuilders to decline by 15-20%. Obviously, this will have a big impact on both prices and overall steel demand since they are the steel industry's second-largest consumer among manufacturers after....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.