VLSFO spot differential extends climb

VLSFO spot differential extends climb
The spot differential for very low sulphur fuel oil (VLSFO) in Asia rose for a fifth trading session, while the market structure recovered further. The cash differential for Singapore VLSFO traded at $3 a metric ton on Wednesday, up from $1 in the previous session....
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China’s steel exports, iron ore imports hit record highs

China’s steel exports, iron ore imports hit record highs
China’s steel exports hit a record monthly high in December, fuelled by front-loading driven by Beijing’s announcement of an export licence requirement for shipments from 2026. The world’s largest steel producer shipped 11.3 million metric tons of the metal used in...
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