#steelindustry
China Shipbuilding Dominance: Set to Retain Global Lead in 2024
China’s Shipbuilding Dominance to continue in 2024, as market observers and shipbuilders anticipate sustained leadership in the global shipbuilding market. It is expected to maintain the lead in the global market throughout 2024. Chinese shipyards have shown robust growth in new orders and output, outperforming foreign rivals in innovation, productivity, and supply chain advantages. In […]
Chinese Firms’ Withdrawal Dents Pakistan Steel Mills Privatization
Amid a substantial downturn in Chinese investment in the China-Pakistan Economic Corridor (CPEC), several major Chinese companies have withdrawn from the proposed acquisition and investment in state-run Pakistan Steel Mills. The decision marks a setback for the privatization of this largest non-functional 19,000-acre industrial facility. Before ceasing its operations in June 2015, the facility was […]