Freight news

HRC price spread widens in Turkey on subdued trading
Feb 2, 2012 - 13:43 GMT
Domestic prices for hot rolled coil (HRC) in Turkey widened this week, as heavy snowfall added to the effects of cooler trading activity.
SPOTLIGHT: Vale's Subic Bay hub takes on bigger role after China rebuff
Feb 1, 2012 - 10:50 GMT
China’s rejection of Vale’s very large ore carriers raises the importance of its Subic Bay transshipment point in the Philippines.
Transnet-Swazi's $2.1bn rail link will free capacity for coal freight
Jan 13, 2012 - 14:11 GMT
South African rail group Transnet and Swazi Rail are set to go ahead with a R17 billion ($2.1 billion) greenfield rail project, which would free capacity for coal freight on the existing line to the Richards Bay Coal Terminal on the south coast of South Africa.

Offer prices for LME three-month steel billet rise on improved sentiment 18 Jan 2012 17:03
ICAP Global Shipping Markets Report 5 Dec 2011 00:00
ICAP Global Shipping Markets Report 1 Dec 2011 00:00

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Freight & Logistics news

Feb 3, 2012 14:01 EU ministers extend molybdenum wire anti-dumping duty to Malaysia
Feb 3, 2012 12:15 FREIGHT REPORT: Rates from Australia, India to China post further losses
Feb 2, 2012 16:26 Crewmen, cargo of scrap lost in Black Sea storm
Feb 2, 2012 13:43 HRC price spread widens in Turkey on subdued trading
Feb 2, 2012 13:33 IronClad agrees Wilcherry Hill iron ore offtake with China's New Page
Feb 1, 2012 11:53 Premium price expected for London Mining's first Marampa iron ore shipment
Feb 1, 2012 10:50 SPOTLIGHT: Vale's Subic Bay hub takes on bigger role after China rebuff
Jan 31, 2012 23:04 Tata Steel Minerals inks rail deal
Jan 31, 2012 16:12 Brazil’s port of Tubarao receives first Vale mega-ore carrier
Jan 31, 2012 11:24 FREIGHT REPORT: Iron ore rates slump further in biggest decline since 2009
Jan 30, 2012 17:15 Ronly closes iron ore, coal, freight derivatives trading desk
Jan 27, 2012 10:34 Russian producers to keep up scrap exports despite ban
Jan 26, 2012 00:12 US railroads upbeat after strong 2011
Jan 25, 2012 13:02 Bahrain ship-repair firm awards contract for works expansion
Jan 24, 2012 18:31 Russian steel, coal producers agree use-or-pay deal with state railway
Jan 24, 2012 17:48 Environmental agency approves BHP Billiton’s Port Hedland expansion
Jan 23, 2012 23:11 Dredging, infrastructure spending must top US priorities: AAPA chief
Jan 23, 2012 22:06 Shipments through Indiana ports hit five-year high
Jan 23, 2012 15:07 LORD COPPER: Reality will bite back
Jan 20, 2012 23:59 Emerging markets key to trade success: analysts

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Daily Metal Bulletin Ferrous scrap Index HMS 1&2 (80:20 mix) $ per tonne cfr Turkey	433.64
Metal Bulletin Ferrous Scrap Index shredded $ per tonne cfr India	465.1
Metal Bulletin Ferrous Scrap Index HMS 1&2 (80:20 mix) $ per tonne fob Rotterdam	407.9

Comment & analysis

MAN OF STEEL: Letters of credit - the perils and the rising costs

Practically all export trade is paid through documentary credits. When entering into such business, traders have a format for calculating all aspects of the transaction, including the financial and logistical costs, marine insurance, and covering themselves for risks, both political and economic
COMMENT: After three years, it's back to the Chinese for Oakajee

Almost exactly three years since Murchison Metals beat off Chinese competition for the right to develop the Oakajee port project, the Australian miner has found itself having to knock on Chinese doors for funding
***COMMENT: Getting better all the time

Metal Bulletin’s new website has been a long time coming. Over the past few years we’ve been thinking carefully about how we present our service, working closely with subscribers to find out more about their business and gathering feedback on how you use our products. Some messages were pretty clear. MB is the only place to find news, insight and analysis on all metals markets, whether you’re interested in tungsten or non-grain oriented electrical steel. And it’s all important.