Dry Cargo Freight Market

摘要

World crude steel production in 2008 ended at 1330 mt, up from 1314 mt in 2006 (revised). Once again, China was the main driver, as their production increased from 487 mt in 2006 (revised) to 498 mt in 2008, an increase of 2.2% year-on-year.rnWorld pig iron production is more relevant than crude steel as a tonnage demand indicator as it requires iron ore and coking coal as opposed to scrap-based steel production. World pig iron production including DRJ (direct reduced iron) increased from 940.0 mt in 2007 to 983.9 mt in 2008. This is up 4.7% over the period. China had a moderate growth from 466.3 mt to 471.1 mt year-on-year, which is up by 1.0%. India showed an increase of 7.0% to 50.0 mt in 2008 (DRI and Pig Iron combined).