Decline in demand, stop shipping!

As the Spring Festival is approaching, due to weak demand, the downward trend of global transportation demand continues, forcing liner companies including Maersk and Mediterranean Shipping Company (MSC) to continue to cut capacity. Both Zim and CLX+ routes will be suspended for 3 weeks during the Spring Festival. According to Alphaliner, a shipping information and …

Decline in demand, stop shipping! Read More »

Steel Price

The current situation of China’s domestic steel market this week: Due to the increasing downward pressure on the domestic economy and the high temperature and off-season, the market sentiment was cautious this week, the enthusiasm for downstream purchases was low, and the demand for steel continued to be weak. In the short term, the supply …

Steel Price Read More »