Tag: India-bound scrap container freight
-
India-bound scrap container freight stays firm w-o-w despite weak import demand
CFI remains firm; lower bunker prices offer cost relief Europe-India rates edge higher; Australia route remains stable India-bound ferrous scrap container freight rates remained firm in the week ended 6 August, despite subdued import demand, as modest carrier-led rate increases on the Europe-India route supported freight levels. Indian mills remained cautious due to unfavourable import…