Atlantic Supramax scrap market falls in week 21 as pressure builds on thin demand

Capt. John

The Supramax segment in the Continent and Baltic Sea regions endured a bearish trading week May 20-24 as a lack of fresh scrap cargoes pressured the market. “Scrap is in a freefall,” according to a shipbroker. Market levels dropped through the week, ending on a flat note with time charter rates for...

https://www.spglobal.com/platts/en/market-insights/latest-news/shipping/053124-atlantic-supramax-scrap-market-falls-in-week-21-as-pressure-builds-on-thin-demand

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