Declining iron ore grades driving up capesize rates, brokers say

The Oceania Times > Brokers > Declining iron ore grades driving up capesize rates, brokers say

November 22, 2025
Noah
Brokers
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Miners need to ship a greater volume to produce the same amount of steel, according to Intermodal

Yiannis Parganas, head of research at Athens-based Intermodal, says owners and charterers will continue to see a resilient capesize trade. — Yiannis Parganas, head of research at Athens-based Intermodal, says owners and charterers will continue to see a resilient capesize trade.Photo: Intermodal Research

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