Slumping freight rates struggle to entice more containerized metal trade

The global trade for metals shipped in containers is being constrained by weak demand despite lower freight costs and higher availability of boxes compared with earlier in the year, sources have told Fastmarkets.

Shipping markets throughout 2021 were characterized by stronger demand causing an acute shortage of boxes, leading to a sharp rise in freight costs for metal market participants.

But the tide...

Published

Claire Patel-Campbell

Lee Allen

Jon Stibbs

November 17, 2022

14:30 GMT

London