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

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March 2019 | Steel Raw Materials

Freight Highlights: 13 March 2019

A roundup of Fastmarkets' freight statistics for the week of 13 March 2019.

Pacific freight rates continue to perform worse than those in the Atlantic. Simpson Spence Young’s (SSY) capesize index for Pacific routes slumped 5.7% week on week to 2,913 points – which was its lowest level since July 2017. SSY’s Atlantic index, meanwhile, fell 5.3% to 4,851 points. Since the onset of the dam crisis implicating Brazil’s Vale in the final week of January, the Pacific...


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