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Steel Prices Slowing Barge Construction
| 题名： | Steel Prices Slowing Barge Construction |
| 正文语种： | eng |
| 摘要： | The COVID-19 lockdown and the rebound from it had already sent steel prices on a wild ride as the steel industry, like other industries, struggled to second-guess and keep up with the sometimes unpredictable decisions of consumers and businesses. Just before Russia's invasion of Ukraine, steel prices were falling slightly from their spikes last year. The Ukraine crisis sent the prices of all commodities, many of them carried by barge, upward again. Russia and Ukraine are both major exporters of steel, wheat, vegetable oil and fertilizer, and Ukraine is also a major corn exporter. The prices and supply of all of these commodities have knock-on price effects across a wide range of goods. Similarly, the skyrocketing price of steel has slowed new barge construction, according to River Transport News. As contracts are fulfilled that had locked in lower steel prices from months ago, barge-builders and boat-builders will undoubtedly study the steel market before committing to new building decisions. |
| 出版年： | 2022 |
| 期刊名称： | The Waterways Jouranl |
| 卷： | 135 |
| 期： | 49 |
| 页码： | 6-6 |
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