Shipbuilders' Association of Japan
According to the data released by the Shipbuilders' Association of Japan (SAJ), with the reduction in the amount of new ship orders, it is expected that the 2013/14 fiscal year (ended March 31, 2014) Japan ship plate (Steel plates for shipbuilding industry) consumption compared with the previous fiscal year decreased by 11% to 2.65 million tons. 2013/14 fiscal year, a member of the Japan Society of Naval Architects (% a Japanese shipyard proportion of the total of approximately 90%) of ordinary steel consumption is expected to decline over the previous fiscal year by 11.5% to 3.03 million tons.
According to the Japan Ship Exporters Association (JSEA), a spokesman said, under the support of the weaker yen, the Japanese ship in sales compared with China, South Korea more competitive. According to the data released by the Japan Ship Exporters Association, in March, the shipyard received a total of 2.72 million gross tonnage orders, an increase of 143.3%. However, according to the spokesman, undiscovered orders for a longer period of time are at the lowest point, the Japanese shipyard is facing the situation is still not optimistic. The spokesman added that due to the weakening of the yen, the Japanese shipyard may be able to win more orders, but the ship prices dropped significantly, which makes the Japanese shipyard profits may be difficult to comprehensively improve the shipyard urgent need to further cut costs.
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According to a trader in Tokyo, Nippon Steel Live gold company intends to ship plate prices increase by 20% compared with April, in order to pass on the cost increase. He said, but to convince the shipyard to accept price increases very difficult, expected to be difficult to reach an agreement. NSSC gold companies are unwilling to comment and shipyard negotiations. According to a sales staff of a large shipyard, the Shipbuilders' Association of Japan to the Government made It clears that the desire to maintain the current exchange rate.
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