Ferrous Daily Physical Review 21/1/21

Ferrous Market –    MySteel Rebar Inventory: Rebar production 3.445 million tonnes, down 0.25% w-o-w. Mills inventory 2.89 million tonnes, up 4.61% w-o-w. Circulation inventory 4.80 million tonnes, up 12.98% w-o-w. –    Ganggu Construction Steel Inventory: production 5.03 million tonnes, down 91,800 tonnes w-o-w. Mills inventory 5.56 million tonnes, up 293,900 tonnes w-o-w. Circulation inventory 6.83 …

Iron Ore DCE May Daily Technical Review 21/1/21

Verdict – Short-term neutral. DCE iron ore rebounded and closed slight higher than yesterday. The intra-day high still had some distance to next resistance at 1084.5. Iron ore consolidated within a narrower range after the beginning of Jan. Hourly MACD created gold cross. Hourly CCI created new high after Jan 7th. Technical signals were indicating …

FIS CASTAWAY – EPISODE 38 20/1/21

Castaway is back with our market updates for Freight, Fuel, Iron ore, Fertilizers and tankers, with a special mention for FIS’s first cobalt trade, tune in now! Listen Below: Website https://freightinvestorservices.com/blog/fis-castaway-eps-38-unprecedented-coverage-in-unprecedented-times/ Spotify https://open.spotify.com/episode/3vI8MRVZhjvRIta6btOKFl?si=a3N6-iVcS4qFKJk8dHFxMQ   And Itunes  https://podcasts.apple.com/gb/podcast/fis-castaway/id1507094242#episodeGuid=bcd759c8-c8a1-f59f-16fc-5f7b0df79f5c Disclaimer: This podcast is a marketing communication and is not based upon detailed analysis by Freight Investor (FIS) of …