13
Dec
13:13
Volatile freight rates seen in 2016 on overcapacity
Muted global trade growth and the economic slowdown in emerging markets will exacerbate shipping overcapacity in 2016, leading to declining and volatile freight rates, according to Fitch. Dry-bulk and container shipping are seen coming under more pressure, with tanker and LNG shipping faring better.
Slower growth and economic transition in China, which accounts for two-thirds of global iron ore imports and 20% of world coal imports, will pose significant risks f…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous