Trade Resources Industry Views The Latest Freight Rate Indications as Issued by Banchero Costa

The Latest Freight Rate Indications as Issued by Banchero Costa

The latest freight rate indications as issued by Banchero Costa are as follows:

Products:

- 15,000-20,000 mt from the Black Sea

approx. $15-16/mt FIO to Mediterranean ports of Turkey and Egypt

approx. $16.5-17.5/mt FIO to Italy

approx. $18-19/mt FIO to Algeria/Morocco

- 40,000 mt from Turkish Mediterranean ports to Abu Dhabi

approx. $30/mt FIO

Raw materials:

- 50,000 mt to east coast of China

approx. $10.5/mt FIO from east coast of India

approx. $12.5/mt FIO from west coast of India

- 50,000 mt from northern Brazil to China

approx. $41/mt FIO

- 50,000 mt from the Black Sea to Rotterdam

approx. $11/mt FIO

- 50,000 mt from Indonesia to east coast of India

approx. $12/mt FIO

- 50,000 mt from Indonesia to west coast of India

approx. $13.5/mt FIO

Banchero Costa and Co Spa

Source: http://www.steelorbis.com/steel-news/latest-news/latest-freight-rate-indications-from-banchero-costa--jan-28_feb-3-739378.htm
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Latest Freight Rate Indications From Banchero Costa – Jan 28-Feb 3
Topics: Metallurgy