Monthly archives: April 2021

Daily Virtual Steel Mill Report 30/4/21

Market Verdict on Iron Ore： ·         Iron ore neutral. Macro： ·         U.S. Q1 GDP growth rate at 6.4%, higher than 6.1% expected. Iron Ore Key Indicators: ·         Platts62 $190.45, unch, MTD $179.29. Corex PBF yesterday traded with a $6 premium based on June Index, which was unchanged to the day before. However miner traded a …

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FIS Fuel Oil Morning Report 30/04/21

Perhaps a touch of profit taking this morning as we are off at the open $67.70 down -0.5% or 0.33c. While The outbreak in India is holding back oil’s rally I don’t foresee it causing any major sell offs in the longer term. There is a bank holiday in the UK on Monday so perhaps …

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