Author archives: Edward Hutton

FIS LONDON COKING COAL MARKET REPORT 25/03/21

FIS LONDON COKING COAL MARKET REPORT     DCE Level May:  1543.5  unch   Coking Coal Index   TSI FOB PHCC up 1.3 at 111.80; mtd 118.14   Indicative Curve BID     OFFER   VALUE MAR      115.75   117.75   116.75 APR       113.50   115.50   114.50 MAY      116.50   118.50 …

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Morning Steel and Scrap Report – 25/03/21

FOB China HRC   The index rose by $5/t yesterday (24.3.21) to US$740/t, MTD US$716.72/t.   Limited Chinese mills kept offers unchanged at $745-790/t fob China for SS400 HRC and HR sheet, inducing no buying interest from seaborne buyers as they preferred to wait until Chinee steel export tax rebate changes being confirmed. But some …

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FIS Fuel Oil Morning Report 25/03/21

Brent crude futures slid $1.33, or 2.1%, to $63.08 a barrel at 0559 GMT, after jumping 6% overnight. U.S. West Texas Intermediate (WTI) crude futures dropped by $1.40, or 2.3%, to $59.78 a barrel, after climbing 5.9% overnight.   EIA week ending 3/19 Crude oil: +1.9M Gasoline: +0.2M Distillates: +3.8M Refiner utilz: 81.6% Impld mogas …

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