Daily Virtual Steel Mill Report 21/7/21

Market Verdict on Iron Ore: ·         Iron ore short-run neutral to bearish. Macro ·         The Asian Development Bank predicts that China’s economic growth is expected to remain at 8.1% this year and 5.5% in 2022. However, the overall growth expectations of Asian developing economies have been lowered. ·         The National Development and Reform Commission held …

FIS Morning Report Tanker FFA 21-07-21

News Headlines: OIL DAYBOOK EUROPE: BHP Considers Petroleum Exit; EIA Report (Bloomberg) BHP Group is considering getting out of oil and gas in a multibillion-dollar exit that would accelerate its retreat from fossil fuels, according to people familiar with the matter. OIL FUTURES: Oil Renews Decline as U.S. Inventories Expand and Delta Spreads Please click …