Shipbuilding industry downstream cost pressure increases

As raw materials of shipbuilding industry, the sharp rise in the price of marine steel makes the production cost of downstream industry rise, which has brought great pressure to the production and operation of downstream enterprises. According to the data of the shipbuilding industry association, from January to February, the finished volume and new orders of China's shipbuilding enterprises increased year-on-year, while the number of hand-held orders decreased slightly. However, due to the rapid rise in the prices of raw materials such as marine steel, it is important to monitor the revenue growth and profit loss of shipbuilding enterprises.

In Europe, Japan, South Korea and other developed economies, the cost of raw materials in the manufacturing industry also rises sharply, which leads to the rise of industrial commodity prices and starts to transmit to the consumer side.