29
Jul
16:40
German water levels low, transport prices rising
Transportation capacities on Germany’s rivers are seriously reduced, as water levels keep dropping after weeks of little rainfall, with prices for available capacities surging massively.
On the Rhine and Danube, especially, levels have fallen to a degree that has most vessels reduce their load to 40-50% of normal capacity, to prevent hitting the riverbed bottom. However, “customers may still have to pay the full price per ship, no matter if the load is…
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Anonymous
Very good overview of the weekly steel market.
Anonymous