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

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December 2018 | Steel Scrap and Metallics Forecaster


Freight markets regain steam in December as Australian iron ore routes gain popularity: Freight Highlights


The stronger performance in Pacific prices was triggered by a rise in demand for lower-grade Australian iron ore from Chinese mill

December’s capesize freight rates recovered the losses they incurred in December, but growth slowed as the month wore on. Simpson Spence Young’s (SSY) capesize index for the Pacific basin rose 27.9% month on month to 5,333 points on December 17, while SSY’s Atlantic index rose 19.3% month on month to 7,550 points. The stronger performance in...

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