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

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February 2020 | Steel Raw Materials

Freight Highlights: 12 February 2020

A roundup of Fastmarkets' freight statistics for the week of 12 February 2020.

The Simpson Spence Young (SSY) indices continued to fall, hitting their lowest level since April 2019 in both the Atlantic and Pacific basin in the week ended Friday November 7. The Atlantic index dropped by 12.1% on the week to 5,535 points, while the Pacific index fell by 6.0% to 3,446 points. Smaller ship sizes also saw lower rates this week, with...


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