03
May
16:12
Reduced Indian raw materials imports hurt dry-bulk shipping
India Ratings (Ind-Ra) expects dry-bulk to be the worst-performing shipping segment in the fiscal year through March 2017 (FY17) due in part to reduced imports by India of coal and iron ore.
The credit rating agency expects dry-bulk freight rates to remain depressed in FY17 as a result of subdued Chinese demand for commodities. “The slowdown in emerging and developing economies particularly in China has exacerbated the demand-supply mismatch in the dry-bul…
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Anonymous
Very good overview of the weekly steel market.
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