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

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April 2019 | Steel Raw Materials


Freight Highlights: 10 April 2019


A roundup of Fastmarkets' freight statistics for the week of 10 April 2019.

Bulk raw material business picks up in the Atlantic, dragging rates upward. Simpson Spence Young’s (SSY) capesize index for the Atlantic recorded its largest week-on-week increase since August. The Atlantic index rose 7.7% week on week to 5,054 points, thereby bouncing back to early-March levels. A rise in activity in the Colombian coal export markets underpinned the rise in Atlantic rates, according to SSY, with the...

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