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...

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