FIS Castaway Podcast – Episode 53 05/05/21

  FIS Castaway Podcast – Episode 53   Japanese power, a red-hot Cape market, rising oil, and iron ore around record levels. Get updated on our main markets as well as battery metals and lumber on this week’s podcast.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-53/   Spotify https://open.spotify.com/episode/1BWbvExwXnvxfQhuqA3OR9?si=wTn7L6bsSjeT5oHEJSwCfA   iTunes https://podcasts.apple.com/gb/podcast/episode-53/id1507094242?i=1000520255753         Disclaimer: This …

Daily DCE Review 5/5/21

Iron ore futures were muted following the week-long Labour Day holidays in China, though steel prices continued to climb on market optimism. Thus, the Tangshan billet prices maintained about the RMB 5,000/mt in early May and increased further by RMB 20 to RMB 5,060/mt on Wednesday.   Record high margins for HRC     China’s domestic …