Category: Logistics

Major Trading Routes in Pandemonium: Houthi Rebels Attack the Red Sea

Major Trading Routes in Pandemonium: Houthi Rebels Attack the Red Sea Container ship red sea.

The recent surge in assaults on vessels in the Red Sea by Houthi rebels significantly impacted global commerce and maritime pathways. These intensified attacks continue to disrupt one of the busiest trade corridors on the planet, leading to longer voyage time, increased fuel consumption, and a potential need for larger fleets. Moreover, the resulting disruptions […]

Extraordinary Freight Rate Rebound Sparks Hope Amid Lingering Global Logistics Capacity Woes

Extraordinary Freight Rate Rebound Sparks Hope Amid Lingering Global Logistics Capacity Woes Industrial Container yard for Logistic Import Export business.

Buyers who depend on imports for semi-finished materials or finished components will undoubtedly cheer the recent fall in freight rates. Indeed, global logistics costs peaked in late 2022. Now, buyers will soon see relief from the historic highs of the COVID-induced ocean freight-feeding frenzy. Indeed, few will shed a tear to learn that many shipping […]

Collusion or Cooperation? Container Shipping Lines’ Secret Strategy to Sustain Rates Amid Capacity Surge

Collusion or Cooperation? Container Shipping Lines’ Secret Strategy to Sustain Rates Amid Capacity Surge container ship in import export and business logistic.By crane ,

In recent years, market analysts, considerably widened the parameters they track to assess growth in countries, regions, and globally as far as container shipping goes. In this case, “analysts” includes more than just economists as there is currently a wider community conducting such evaluations.   Unlike the past, these individuals now track all kinds of […]

Is China’s Recovery Key to an Industrial Metal Rebound?

Is China’s Recovery Key to an Industrial Metal Rebound? chinese-financial-crisis

Some argue yes, and others argue no. Still, one fact remains certain: the West relies heavily on China when sourcing multiple metals. This includes everything from steel and copper to rare earths and lithium. Therefore, China’s slow recovery from its zero-COVID policies continues to take a massive toll on the global industrial metal trade, circulation, […]

Rare Earths MMI: Different Countries Racing for Global Rare Earth Dominance

Rare Earths MMI: Different Countries Racing for Global Rare Earth Dominance industry-icon-pattern-on-cargo-dock-background

The Rare Earths MMI (Monthly Metals Index) rose considerably over the past month, climbing by a total of 7.05%. The primary factor influencing the rare earth price forecast over the past several months was zero-COVID. Now, the focus is on those restrictions being lifted. Currently, China reports that the country’s COVID cases are dropping. China’s […]

Could Macroeconomics Cause a Steel Price Reversal?

Could Macroeconomics Cause a Steel Price Reversal? roll of steel sheet in factory

Uncertainty regarding China’s stance on zero-COVID, when restrictions might ease, and riots within China throughout recent weeks have all contributed to more flat steel prices. What’s more, recession fears are starting to notably impact commodities. Yet another contributing factor? Fears of a railroad strike. With the cut-off date for meeting railroad unions’ terms fast approaching, […]

Potential Railroad Strike Threatens Metal Logistics

Potential Railroad Strike Threatens Metal Logistics Train wagons carrying cargo containers for shipping companies. D

Roughly 1/3rd of all US exports rely on freight transport. Food, wood, coal and metal all move across the US’ 140,000 miles of freight routes. Because of this, many US goods providers are worried about the possibility of yet another major railway strike. In September, two of the 12 major US railway unions rejected negotiations, […]

Plate and HRC Steel Production Strained as Factories Shut Down

Metinvest, the Ukrainian steel production and mining group, recently began the process of restarting several of their Italian flats rolling mills. The factories had been offline for scheduled maintenance throughout May. And with global supplies strained, both Metinvest and the market are welcoming the much-needed additional steel production. Metinvest’s plate and hot rolled coil mill […]

2021 proved a disruptive one for metals, mining supply chains

The pandemic certainly created a challenging environment for business in 2021. Lockdowns hampered operations. Metal scarcity and rising metal prices caused immense cost pressures, loss of profits and, in some cases, bankruptcies. One, although by no means the only issue, was disruption to global supply chains. Research into the causes and potential solutions will be […]

Logistics costs ease heading into the New Year, but bottlenecks remain

Importers of metals and metal components may be seeing a glimmer of light at the end of what has been a very long tunnel of logistics chaos, sky-high freight rates and shipping delays. Freight rates have eased from peaks per 40ft container in the summer for some shippers of up to $15,000 to $9,000 last […]

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