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Home Icon > About Us > News > Miners scramble for ships amid ‘ferrous frenzy’, cape FFA traders in supercycle mode

Miners scramble for ships amid ‘ferrous frenzy’, cape FFA traders in supercycle mode

Iron ore prices have reached an all-time high, with China’s domestic steel product prices also soaring to figures never seen before. Capesize rates remain in lofty territory above $42,000 a day, with miners keen to shift as much product at today’s record prices as possible regardless of freight costs. May 2021 futures for 62% Fe …

WP_Post Object ( [ID] => 247754 [post_author] => 76 [post_date] => 2021-05-11 07:28:41 [post_date_gmt] => 2021-05-11 07:28:41 [post_content] =>

Iron ore prices have reached an all-time high, with China’s domestic steel product prices also soaring to figures never seen before. Capesize rates remain in lofty territory above $42,000 a day, with miners keen to shift as much product at today’s record prices as possible regardless of freight costs. May 2021 futures for 62% Fe …

[post_title] => Miners scramble for ships amid ‘ferrous frenzy’, cape FFA traders in supercycle mode [post_excerpt] => Iron ore prices have reached an all-time high, with China’s domestic steel product prices also soaring to figures never seen before. Capesize rates remain in lofty territory above $42,000 a day, with miners keen to shift as much product at today’s reco... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => miners-scramble-for-ships-amid-ferrous-frenzy-cape-ffa-traders-in-supercycle-mode [to_ping] => [pinged] => [post_modified] => 2021-05-11 08:08:41 [post_modified_gmt] => 2021-05-11 08:08:41 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=142459 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )