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Dry Bulk Asia Pacific International

China’s steel output to contract in 2020

China, the world’s biggest steel producer, will see a minor contraction next year, according to the World Steel Association’s outlook report. The impact on dry bulk shipping is already being felt as China increases its use of scrap metal, leading to lower iron ore imports

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China’s iron ore imports fell 5.6% to 10.3m tonnes in the first two months of the year, according to BIMCO

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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