It is reported that the smallest profits in the commodity shipping market in 18 months may be ending as a rebound in steel and iron ore prices signal improving Chinese demand that will ease the transport glut. Deutsche Bank AG said Chinese steel prices rose 4.7% last week, the most in 11 months.
More at SteelGuru, India >> |
September 3, 2010 ~ worldmaritimenews.com ~ 
