With October holidays set to commence in the coming week, the majority of yards took the opportunity to finish business earlier (it is not as if as if they have been missing much of the international business of late).
Despite remaining busy on the local front (it has simply become a domestic recycling market this year after the announcement of the state subsidies), there has been nothing to report in terms of international sales for some time yet.
The situation is hardly expected to improve after October holidays either, as the expiration of the existing subsidy in late 2015 is the only factor that may elevate China to once again compete with the Indian sub-continent markets.
Source: steel guru. 30 September 2014