Steel and Scrap Report 18/12/23

Please click below to view the report     For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 7-23.pdf” title=”Europe Africa Bunker Fuel Market Update 06-07-23″]

Fuel Oil Daily Morning Report 18/12/23

Please click below to view the report     For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 7-23.pdf” title=”Europe Africa Bunker Fuel Market Update 06-07-23″]

Iron Ore DCE May24 Daily Technical Review 18/12/23

Verdict- Neutral. DCE May24 contract tested low during the day and recovered most of losses. The verdict changed from bearish to neutral as the technical signals were indicating an exhaustion. Hourly slow stochastic KD created gold cross above oversold area. Hourly CCI entered neutral area. Hourly MACD narrowed in bearish area. First support 915.0. First …

Daily Virtual Steel Mill Report 18/12/23

Verdict: • Short-run Neutral.   Macro: • The New York Federal governor John Williams said: “We are not really talking about cutting interest rates right now.” He said of the issue of interest rate cuts: “I just think it is too early to think about it.” U.S. interest rate futures responded with a sudden drop …