Tag: India-bound scrap container freight
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India-bound scrap container freight edges higher on vessel space constraints
Shipowner-led increases and vessel-space constraints lift India-bound freight Indian scrap imports remain subdued as Pakistan emerges as more active buyer India-bound ferrous scrap container freight rates have increased in early September, although the rise is not linked to stronger Indian scrap demand. Market participants attributed the increase to higher carrier freight offers amid inventory management,…