Iron ore extends drop as US-China trade woes, rising steel stocks weigh

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Hellenic Shipping News Grecia 3h

Iron ore extends drop as US-China trade woes, rising steel stocks weigh

Iron ore futures fell on Wednesday for a second straight session, driven by concerns over the demand outlook stemming from a worsening Sino-U.S. trade spat and rising steel stocks in top consumer China. U.S. President Donald Trump said on Tuesday that Washington was considering terminating some tra»»»

China Daily Cina 03.04. 04:00

Nation's shipbuilders ride crest of global success

The United States' plan to boost its shipbuilding capacity and impose fees on Chinese vessels is unlikely to have a major impact on the booming industry in China, experts and analysts said. In his national address last month, US President Donald Trump vowed to set up a new office of shipbuilding in»»»

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