Logistics - Steel News by Gerber Group

Global shortage of sea containers hits China’s economy

by External Source | Mar 1, 2021 | Logistics, Briefly noted, EN

Steve Chuang’s Hong Kong-based company, which manufactures electronic products, has enjoyed regular demand from the U.S. and Europe over the past 12 months. But like many Asian exporters, he is struggling to get his goods to customers. An interesting article on...

Steel import prices in South America climb due to higher offers and higher freight rates

by External Source | Feb 28, 2021 | Commodities, EN, Logistics, Markets

Steel import prices in South America climb due to higher offers and higher freight rates South American flat steel import prices jumped in the week to Friday, Feb. 26, boosted by a rapid rise in bulk freight rates and higher offers from Chinese mills that returned to...

Container shortage restricts EU stainless steel imports

by External Source | Feb 8, 2021 | Commodities, EN, EU Safeguard Measures, Logistics, Tariffs and Duties

The container shortage in Asia continues. The cost of container transport from Asia to Europe has risen significantly in recent months. This comes at a time when EU stainless steel buyers are facing long delivery times and rapidly rising prices from local producers....

Container shortage – Will Chinese New Year be a turning point?

by External Source | Jan 27, 2021 | Logistics, EN, Industry, Markets

In a recent article, the site seatrade-maritime.com takes a closer look at the current shortage of containers. Where the reasons lie. And whether the shortage will continue through Chinese New Year. Container shortage could reach a turning point after CNY Container...

Why have freight costs shot up by up to 300%? Fierce battle for containers

by External Source | Jan 25, 2021 | Logistics, EN, Markets

A critical shortage of containers is driving up transportation costs and delays for goods sourced from China. CNBC reported this in a Jan. 24, 2021, story on its website. Why have freight costs shot up by up to 300%? Fierce battle for containers. Companies wait weeks...

Container shipping may experience unprecedented ‘large-scale delays’

by External Source | Jan 21, 2021 | Logistics, Briefly noted, Business

Although Covid-19 was effectively controlled within China in 2021, the pandemic is still raging around the world. It must be said that the worsening situation overseas is having a major impact on import and export trade. This is what freshplaza writes in a short note...