Shipping rates soften as steel falls, coal inventories build

Published: Thursday, 04 November 2010

BDI falls on lower steel prices; new French coal port eyes alternative salt trade

Dry bulk shipping rates slumped this week with lower Chinese steel prices indicating declining appetite for iron ore and coal imports. 


Meanwhile, warmer European weather was reducing the need for electricity for heating, which resulted in less thermal coal demand for power generation. This in turn has made...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.