MINER'S RIGHT

Rising freight rates start to weigh on iron ore miners

Freight rules the iron ore costs

Tim Treadgold
Rising freight rates start to weigh on iron ore miners

As iron ore has been sinking, ship hiring costs, measured by the Baltic Dry Index (BDI), have been rising, up an eye-catching 200% over the past 10 weeks.  If those trends continue, and that's not guaranteed...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

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