Ferrous Market – Steelbank Inventory: rebar inventories 7.499 million tonnes, down 1.34% w-o-w. HRC 1.88 million tonnes, down 0.11% w-o-w. – Metinvest BW Q2 iron ore concentrates produced 7.57 million tonnes, down 1% from Q1. H1 iron ore concentrates produced 15.17 million tonnes, up 5% y-o-y. Macro – China railroads totaled investments 67.1 billion yuan …
Monthly archives: August 2020
FIS LONDON COKING COAL MARKET REPORT
Fuel Oil Daily Evening Report
London Iron Ore Market Report
Capesize & Panamax FFA Daily Report
Supramax & Handysize FFA Daily Report
FIS Capesize Technical Report
Oil Through the Looking Glass 7/8/20
*Surge in European Cases Dampens Sentiment An increase in cases across the continent is threatening the recovery of Europe, as a second wave gains momentum. France, Spain and Germany have all recorded jump sin the number of infected persons, with Spain being the worst hit as cases climbed to 1772 in the last 24 hours. …
Another zenith for iron ore prices
A total of 1.839 million mt of iron ore was exchanged hands for the week ended Aug 7, slightly lesser than last week, with Australian fines accounting most of the trades. BHP’s Yandi fines garnered most of the market share at 25.55%, followed by Pilbara Blend Fines (PBF) at 22.25% and Brazilian Blend fines coming …
Capesize rate inches up on mixed outlook
Capesize rate gained on mixed market outlook amid robust iron ore demand and oversupplied vessels market. The Capesize 5 time charter average gained slightly by $51 day-on-day to $20,434 on Thursday, after a rebound in market from better Pacific market. Thus, the Baltic Dry Index (BDI) also went up higher by 1.69% day-on-day to 1,500 …