Bulkers

Capesize bulker market rises 45% as China’s building sector shows signs of life

Global steel output in August is still down 4% from a year ago, according to the World Steel Association

A capesize bulk carrier being loaded with iron ore at Porto Sudeste, Brazil. Capesize rates have risen significantly this past week.
A capesize bulk carrier being loaded with iron ore at Porto Sudeste, Brazil. Capesize rates have risen significantly this past week.Photo: Trafigura
Published 23 September 2022, 14:57Updated 23 September 2022, 14:57
Baltic ExchangeCapesize bulkersChinaUlf Bergman