18
Jun
10:00
Freight rates to remain structurally high: SSY’s Ellender
The freight market has been transformed this year, with dry bulk trade surging and lifting prices, led primarily by iron ore and grain trade, SSY Consultancy and Research director Alexis Ellender said at the Kallanish Europe Steel Markets virtual conference last week. This follows contraction in 2020.
“Overall, we are expecting the strongest annual growth in dry buck trade in percentage terms in eight years,” he forecasted.
Freight rates will remain e…
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Anonymous
Very good overview of the weekly steel market.
Anonymous