Ferrous Market – Vale port at Malaysia PDM III North and PDM IV South maintenance expected delivery impact arround 518,000 tonnes. – MySteel Australia and Brazil delivery last week down 1.35 million tonnes. Australia delivery 18.58 million tonnes, down 223,000 tonnes. Australia delivery to China 15.95 milllion tonnes, up 161,000 tonnes w-o-w. Brazil delivery 6.88 …
Author archives: Hao Pei
FIS Weekly Ferrous Report 13/10/20
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 US (FL): +1 813 490 6630
Iron Ore DCE January Daily Technical Review Oct 12th
Verdict – Short-term neutral. DCE iron ore correct slightly during the whole trading day. From hourly chart, MACD is potential to create a dead cross. Slow stochastic KD created dead cross above overbought area. CCI has created new low in October. If iron ore breakdown 809.0 area potentially drive market to bearish territory, otherwise iron …
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Daily Ferrous Physical Review Oct 12th
Ferrous Market – MySteel surveyed Tangshan winter production curb will decrease 2.7 million tonnes of steel production. In the year 2019 production curb impact 6.3 million tonnes. – Steelbank Inventory: construction steel inventories 7.31 million tonnes, down 0.91% compared to the week before golden weeks. HRC 2.5 million tonnes, up 17.17% to the week before …
Iron Ore DCE January Daily Technical Review Oct 9th
Verdict – Short-term neutral. DCE iron ore rebounded during the day related to CNY and Shanghai equity rebound, indicate a recovery on investment market. Investors should be aware of reversal in following weeks. Technically entering a consolidation in mid-run since iron ore recovered 809.0 and 816.0 area. A breakthrough on 873.0 would bring market back …
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Daily Ferrous Physical Review Oct 9th
Ferrous Market – MySteel Rebar Inventory: Rebar production 3.61 million tonnes, down 3.55% w-o-w. Mills inventory 3.68 million tonnes, up 9.29% w-o-w. Circulation inventory 8.32 million tonnes, up 4.41% w-o-w. – Ganggu Construction Steel Inventory: production 5.47 million tonnes, up 13,600 tonnes w-o-w. Mills inventory 5.09 million tonnes, up 605,700 tonnes w-o-w. Circulation …
Iron Ore DCE January Daily Technical Review Sep 30th
Verdict – Short-term neutral. DCE iron ore rebound strongly during the day, majorly contributed by previous short covering and taking gains. In particular after 14:30 p.m., indicating money flow out to avoid cross holiday risk. After holiday expected a reverse on this speculation. A breakthrough on 809.0 would indicate market recovering to consolidation. A rejection …
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Daily Ferrous Physical Review Sep 30th
Ferrous Market – Vale stopped Minas Gerais mining company Viga for 3 months, total impact 999,000 tonnes of pellitising iron ores. It is the second time of closure after Vale acquired this company from last August. However no direct impact on mid-stream concentrates. – Mysteel(Sep 21- 27th) Australia and Brazil iron ore total delivery at …
FIS Weekly Ferrous Report 29092020
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 US (FL): +1 813 490 6630
Iron Ore DCE January Daily Technical Review Sep 28th
Verdict – Short-term neutral. DCE iron ore technically entered a consolidation range. Iron ore created long upper and lower shadow for previous five trading days, indicating long and short are in a conflicting sentiment. In particular, position level didn’t decrease significantly before golden weeks. From daily pattern, slow stochastic KD potential create gold cross below …
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