FOCUS: Global container shortage could intensify, more price rises possible

By IM Staff
Published: Friday, 03 September 2021

The continuing shortage of container freight space and vessels could intensify further in the coming weeks, shippers of ferrous scrap told Fastmarkets this week.

By Paul Lim

"The lack of freight space for containers is a big problem now, and it’s driving up costs and prices for shippers all over the world," a ferrous scrap seller in Singapore told Fastmarkets on Thursday September 2.

Traders handling containerized scrap were searching forlornly for container...

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