Dry bulk rates flatline on uncertain markets
Published: Thursday, 24 November 2011
Rally in iron ore and steel ends and shipping rates follow metal markets downward
Dry bulk rates eased this week after Chinese iron ore and steel
markets started wobbling and took shipping with it.
Prices for dry bulk steel making ingredients, such as iron
ore and coking coal, climbed last week, but the rally might be
over after prices began petering...