Daily Virtual Steel Mill Report 10/01/24

Verdict: • Short-run Bearish.   Macro: • Rio Tinto started the world’s biggest mining project, Simandou Project, estimated to see the first delivery in 2025. The project estimated to produce 60 million tons of iron ore, accounted for 5% of total seaborne market. • World Bank published global economic outlook, estimated global GDP up 2.4%, …

Capesize & Panamax FFA Daily Report 09/01/24

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London Iron Ore Market Report 09/01/24

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Fuel Oil Daily Evening Report 09/01/24

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