March 2020 | Steel Raw Materials
Freight Highlights: 4 March 2020
A roundup of Fastmarkets' freight statistics for the week of 4 March 2020.
The Capesize freight market continued its slide as supply and demand issues arising from the effects of the coronavirus further weighed on the market. The Simpson Spence Young Pacific Capesize index dropped to 3,194 points on March 2, while the Atlantic Capesize index slid to 4,890 points, with both indexes at their lowest since April 2019. In the Pacific,...
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