Tag: Australia ferrous scrap freight
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India-bound scrap freights firm w-o-w on capacity constraints despite weak demand
Carrier surcharges, equipment shortages support key routes Limited Indian scrap bookings cap broader freight gains India-bound ferrous scrap container freight rates firmed across key routes in the week ended 27 August, despite subdued import demand. The increase was driven mainly by carrier surcharges, tight vessel space and equipment constraints rather than stronger scrap procurement by…