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

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June 2018 | Steel Scrap and Metallics Forecaster


Capesize rates improve in June on rise in Atlantic raw material shipping: Freight Highlights


Shipments of iron ore and coal from the Atlantic basin drove rates upward.

Atlantic capesize rates increased by almost a quarter. Simpson Spencer Young’s (SSY) Capesize Atlantic Index increased by 24% month on month to 8,038 points on Monday June 25, compared with 6,475 points one month earlier. SSY’s Pacific Index rose 14% month on month to 4,977 points compared with 4,347 points one month before, meanwhile. Shipments of iron ore and...

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