Since the beginning of March, the domestic steel market has reversed its post-Spring Festival slump, experiencing a volatile upward trend. As of March 13, the China Steel Price Index (CSPI) stood at 91.51 points, a week-on-week increase of 1.21%. The main contracts for rebar and hot-rolled coil rose

Since March, the global shipping market has exhibited complex structural differentiation. While container shipping rates remain firm due to geopolitical tensions, the dry bulk shipping market, a "thermometer" of the global economy, has released clear signs of cooling. The Baltic Dry Index (BDI) has

1. A "Main Artery" of Global Energy Transportation• Oil: Handles approximately one-fifth of global oil transportation, with an average of about 20 million barrels of crude oil passing through daily.• Natural Gas: Approximately 20% of global liquefied natural gas (LNG) trade passes through this strai

Current Situation: An "Acute Crisis" Sweeping the Global Shipping IndustryCurrently, the Middle East shipping market has fallen into substantial stagnation and chaos, mainly manifested in the following aspects:Core Shipping Channel Disruption: The Strait of Hormuz, a lifeline for global oil transpor

I. Three Core Variables Determining Freight Rates in 20261. Supply Side: The Record-Breaking "Tonnage Tsunami" Faces its Final ImpactAs of early 2025, the global container ship order book remained at a historically high level (approximately 25%-30%). Based on shipbuilding cycles, 2026 will be one of