In the last days of June, the dry bulk freight market showed signs of recovery in the Capesize segment, with hopes for a firmer Chinese economic performance reflected in the last closing of iron ore prices. Iron ore futures prices rebounded on Tuesday, buoyed by robust demand for the crucial steelmaking ingredient and renewed optimism regarding economic stimulus in China, the world’s largest consumer.
DCEThe most actively traded September iron ore contract on China’s Dalian Commodity Exchange...