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Finance & Markets

From buyer to broker: China’s emergence as a global LNG reseller

Over the last decade, China has transformed from the world’s largest liquefied natural gas (LNG) buyer into a major global reseller. Plateauing domestic demand, a ballooning portfolio of long-term contracts, and a structural pivot by state-owned enterprises into LNG shipping and trading are positioning Chinese companies as significant competitors to traditional suppliers as the market ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

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Steel Nears 2-Week Low

Steel rebar futures in China dropped below CNY 3,100 per ton, approaching two-week lows as persistent weakness in demand continued to pressure the market, while disappointing economic data from top…

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