Ferrous Market – MySteel Rebar Inventory: Rebar production 3.73 million tonnes, up 0.29% w-o-w. Mills inventory 3.55 million tonnes, down 0.8% w-o-w. Circulation inventory 8.81 million tonnes, down 1.4% w-o-w. – Ganggu Construction Steel Inventory: production 5.58 million tonnes, down 3,300 tonnes w-o-w. Mills inventory 4.82 million tonnes, down 54,200 w-o-w. Circulation inventory 11.32 million …
Monthly archives: September 2020
FIS LONDON COKING COAL MARKET REPORT
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London Iron Ore Market Report
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Supramax & Handysize FFA Daily Report
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Capesize & Panamax FFA Daily Report
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Fuel Oil Daily Evening Report
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DCE Iron Ore Jan 21
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OTTLG 16.09.2020
**BP Says the Era of Oil-Demand Growth Is Over** BP becomes the first oil major to announce that the relentless oil demand is over, something that many thought would last at least another decade. Coronavirus has pushed prices of oil to all time lows through 2020, and BP have reports to show that levels may …
Oil and Ore Intraday Morning Technical
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DCE dips on easing of supply tightness
Iron ore futures dropped further after a market selloff on lower steel prices amid the easing of supply tightness. The most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange dropped by 5.07% day-on-day to RMB 796.50 per tonne on Wednesday. The steel rebar contract on the Shanghai Futures Exchange also followed the …