May 2022 - Page 22 of 47

Supramax June 22 Morning Technical Comment – 240 Min 18/05/22

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Daily DCE Review 18/05/22

Iron ore futures gave up gains and plunged in today day session, amid bearish market sentiment and thin steel margins. The futures of Dalian Commodity Exchange (DCE) then dropped by 5.27% day-on-day or down RMB 44 to RMB 791/mt, during the day trading session on Tuesday. The rebar futures also fell by 2.87% or down …

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Panamax June 22 Morning Technical Comment – 240 Min 18/05/21

Morning Steel and Scrap Report 18/05/22

Capesize June 22 Morning Technical Comment – 240 Min 18/05/22

Iron Ore DCE September Daily Technical Review 18/05/22

Verdict – Short-term bearish. DCE iron ore September contract broke down the import support at 800.0 area with growing volume compared with yesterday. Hourly CCI went into bearish territory. Hourly slow stochastic KD deepened correction. Hourly MACD created dead cross above 0 axis. Iron ore short-run entered a correction phase to test the support …

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Daily Virtual Steel Mill Report 18/05/22

Market Verdict on Iron Ore： • Neutral. Macro • U.S. Federal chairman Powell indicated that the FOMC supported the 50 basis points interest increase in the next two meetings. Market was pricing in the expectation. Iron Ore Key Indicators: • Platts62 $130.15, +2.80, MTD $133.97. Seaborne PBF obtained growing interests, in particular after …

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Monthly archives: May 2022