Fri, 25 Sep 2020 21:00:59 +0000

The Capesize market’s dominant route is inevitably the Australian iron ore export to China. In its latest weekly report, shipbroker Banchero Costa said that “seaborne iron ore prices reached a six-year high due to China’s insatiable demand for steel amidst the corona pandemic and slow recovery in steel production in many countries. Iron ore prices …

 

Full article: https://www.hellenicshippingnews.com/australian-iron-ore-exports-are-still-mostly-china-bound/