Tag: India Iron Ore Export

Dry bulk iron ore freights increased w-o-w, supported by steady demand and stronger market sentiment. Continued Chinese restocking ahead of winter kept demand stable, while overall vessel supply remained balanced, preventing any sharp swings in rates. Paradip-Qingdao: Rates stood at $11.76/dmt (+$0.76/dmt w-o-w) Hedland-Qingdao: Freights were at $10.78/dmt (+$0.48/dmt) Tubarao-Qingdao: Rates were assessed at $24.74/dmt…