Dry bulk hard hats on
As Tropical Cyclone Zeila subsided, Australia’s Port Hedland and Dampier iron ore ports ramped up throughput, while at the same time iron ore futures in China fell over 2% to below RMB800 ($110) per tonne. These positives are still outweighed by the negative of weak steel demand in China. But for capesize bulker owners, there …
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