Monthly archives: September 2022

Daily Virtual Steel Mill Report 16/09/22

Market Verdict on Iron Ore： • Neutral to bullish.   Macro • The biggest four National Banks in China decreased saving rate in September 15th. • U.S. Shale oil and gas companies announced European buyers that they can’t provide additional energies in this winter. Once Europe ban on Russia oil taking into effect, oil supply …

Continue reading “Daily Virtual Steel Mill Report 16/09/22”

China’s Coal Production Hits 3-month Low In August 16/09/22

China’s daily coal output hits 3-month low in August on rains, COVID curbs   China’s daily coal output in August slipped to a three-month low as some mines in its biggest coal mining regions reduced operations or even shut down due to heavy rainfall and COVID-19 curbs. China, the world’s top coal producer, mined 370.44 …

Continue reading “China’s Coal Production Hits 3-month Low In August 16/09/22”