Links to previous press releases are below.
China’s import caps
IHS reports China's authorities wish to cap 2018 imports at last year’s level of 271 Mt. Inbound volumes in the first ten months of this year reached 252 Mt. Vessels carrying coal into China before...
Read MoreEU steel exports fall
EU steel exports in September fell by 35.3% on the year-ago level to 1.5Mt, official data show. In the period January-September EU steel exports totalled 15.4 Mt, down 8.0% on the same period last year.
Iraq Resumes Kirkuk Oil Exports
Iraq has resumed exports of about 50-60K b/d from its northern fields in the Kirkuk region, which had been halted since October 2017 when the Iraqi army took control of the oil fields from Kurdish forces,...
Read MoreSouth Korea’s Crude Imports Rise in October
At 3.08M b/d, total South Korean crude imports in October were up 431K b/d m-o-m and 82K b/d y-o-y, with no imports from Iran, according to customs data. South Korea had reportedly suspended all loadings...
Read MoreIndia’s coal output up
India’s coal production in the period January-October rose 10% year-on-year to 587.4 Mt, according to data compiled by IHS Markit. India’s coal production in October also rose, up 8% on the year-ago level.
Brazilian Steel Exports
Brazilian steel exports reached a record high of 1.8 Mt in October, up 0.3 Mt year-on-year, official data show. This month also saw the highest month-on-month increase since records began, increasing by 0.8 Mt on the month. Exports to the US are currently subject to an agreed quota.
Press Release - Crude Tankers Rates to consolidate as a result of surprise move by US
London: Thursday November 15th, 2018: Just as US economic sanctions on Iran were coming into effect on November 5th, the US government announced it was granting...
Read MoreHot Rolled Band Prices Decline
Hot rolled band (HRB) export prices have weakened in recent weeks, according to the latest SteelBenchmarker from World Steel Dynamics. The Chinese HRB dropped $36/t in the three weeks to 12 November, with the US equivalent down $8/t to $920/t.
Mjunction Indian Steel Markets Conference
John Kearsey of SSY Consultancy & Research presented an outlook for the dry bulk freight market at this event, held in Kolkata on 7-8 June 2018. He explained the reasons for the rise in ocean...
Read MoreTXF Natural Resources and Commodity Finance
Speaking at this year's event, held in Amsterdam on 17-18 May 2018, Simpson Spence Young's Head of Research John Kearsey contrasted the uneven recovery in dry bulk freight markets with the continued downswing in the tanker sector.
Profercy World PKS Forum
Robin Thomas, Business Manager for SSY's Dry Cargo Division, was among the speakers at the conference held in Abu Dhabi on 8-10 May 2018. His paper highlighted the importance of movements in bunker...
Read MoreArgus Marpol Strategy Summit
Held in Houston on 23-25 April 2018, this event included a presentation by SSY's Vivek Srivastava on "The Scrubber Decision For A VLCC - To Fit or Not To Fit?"