Drybulk Outlook: Watch Out for Supply Side Jolts gcaptain.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gcaptain.com Daily Mail and Mail on Sunday newspapers.
The latest twist in ocean shipping’s COVID saga: The new global threat from the omicron variant is being layered on top of existing fallout from delta-variant outbreaks in Europe and Asia. Assuming omicron is not a false alarm, it’s more bad news for crude and product tanker rates, another positive for container shipping rates (with .
Global energy crisis mounts towards crash macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.
In terms of HRC, the supply of low-alloy varieties in some cities is slightly tight before the holiday according to SMM survey, but the overall supply has been abundant. During the holidays, the inventory in some mainstream cities is basically stable during the holiday. It is expected that the prices of HRC will follow the general trend.