Mon, 20 Jul 2020 21:00:59 +0000

As China’s iron ore needs increase, Japan’s dwindle, in what could be a further sign of the dry bulk market’s instability. In its latest weekly report, shipbroker Banchero Costa said that “while Chinese production of steel continues to increase, a slump in Japan’s steel output led to a significant decline in iron ore usage and …

 

Full article: https://www.hellenicshippingnews.com/dry-bulk-market-japans-iron-ore-imports-on-the-decline/