Category: Melting Scrap

Easing demand weighs on SCFI Carrier capacity discipline limits downside The Shanghai Containerized Freight Index (SCFI) declined 4.3% w-o-w to 3,184.82 points on 10 July 2026, from 3,326.87 points on 03 July 2026, reflecting a modest correction after the sharp rally witnessed in recent weeks. The decline was primarily driven by lower assessed spot freight…