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

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February 2019 | Steel Raw Materials


Freight Highlights: 6 February 2019


A roundup of Fastmarkets' freight statistics for the week of 6 February 2019

Freight rates collapsed in both the Atlantic and Pacific basins over the last week. The Vale dam collapse in Brumadinho, south-eastern Brazil, almost two weeks back has led to worries about a potential loss of iron ore production, prompting panic among ship owners and operators, the Baltic Exchange said. While the possible loss of iron ore tonnage to load onto...

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