Monthly archives: July 2020

FIS CASTAWAY – EPISODE 18

This week geopolitics takes centre stage as the team discuss escalating China-US tensions weighing on markets, along with outlining current market trends in all of FIS’s markets.     Available now on the FIS website (www.freightinvestorservices.com/media )   Spotify https://open.spotify.com/show/7yMLsm5s8tLtrCQr7bG8wD?si=FW6Rvj9HRjClAx3vRjq8iw   And Apple https://podcasts.apple.com/sg/podcast/fis-castaway/id1507094242  Disclaimer: This podcast is a marketing communication and is not based upon detailed analysis …

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Steel and Scrap News

*Physical scrap moves higher on increased fixtures prior to Turkish holiday Turkish scrap import prices continued to strengthen this week, amid strong finished product demand. A Baltic based seller recently transacted an HMS 80:20 and bonus scrap cargo at $271/t and $281/t CFR respectively, a $5 increase over where physical was trading last week. However, …

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