China posts record drop in steel output

Capt. John

Another record drop in Chinese steel output has spooked many in dry bulk. China’s National Bureau of Statistics has issued figures showing steel production falling to a four-year-low in September, lows not seen since December 2017, and helping explain why cape freight rates have fallen from $80,000...

https://splash247.com/china-posts-record-drop-in-steel-output/

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