Tag: australia scrap freight
-

India-bound scrap container freights extend gains on tight vessel space, higher carrier costs
Higher bunker costs, carrier-led increases offer upward pressure Weak scrap demand, elevated landed costs limit fresh bookings India-bound ferrous scrap container freight rates moved higher w-o-w in the week ended 17 September, with the sharpest increase recorded on the London Gateway-JNPT route. The gains were largely driven by tight vessel/space availability, persistent inventory issues and…