Higher steel values for dry bulk carriers
NewsInvestors in middle-aged dry bulk tonnage will be cheered by the impact of sustained higher recycled steel values, according to research commissioned by the Baltic Exchange.
The Russian Federal Customs Service has designated Petropavlovsk Kamchatsky, located on the Kamchatka peninsula, as the only port in the country’s Far East that can export metal scrap. According to Russian industry experts, this ruling may kill the region’s scrap business.
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