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Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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January 2017 | Steel Raw Materials


Freight Highlights: 11 January 2017


A roundup of MBR's freight statistics for the week of 11January 2017

At the start of 2017, larger vessel freight rates fared better than those for smaller vessels, suggesting that bulk ore trade is stronger than that for steel. The Baltic Exchange’s overall Dry Bulk Index (BDI) was fairly constant at around 963 (as of 6th January), 1% up week-on-week. However, this masked a divergence illustrated by...

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