Market Verdict on Iron Ore: · Iron ore short-run neutral. Macro · The number of non-agricultural employment in the United States increased by 850,000 in June, which was larger than expected at 720,000. Last number 559,000. The U.S. unemployment rate in June was 5.9%, estimated at 5.6%, previous 5.8%. Iron Ore Key Indicators: · Platts62 …
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London Coking Coal Market Report 02/07/21
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London Iron Ore Market Report 02/07/21
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Fuel Oil Daily Evening Report 02/07/21
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Supramax & Handysize FFA Daily Report 02/07/21
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Capesize & Panamax FFA Daily Report 02/07/21
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Panamax Technical Report 02/07/21
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FIS Singapore Iron Ore Derivatives Report 02/07/2021
Market Commentary Iron ore futures were weaker on Friday amid concerns over China’s demand outlook and rising inflation. The short-term demand of the steelmaking ingredient has hit a snag as China is facing its seasonal lull in demand as construction and manufacturing activities slow in the summer. Recent data also suggest that China’s economic growth …
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Oil and Ore Intraday Morning Technical 02/07/21
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Ferrous trade weekly review 2/7/21
A total of 1.35 million mt of iron ores was traded for the week ended Jul 2, amid reduced steel production for centenary political party celebration in Jul 1. Thus, many trade participants saw the production cut as temporary and will soon resume after the celebration to support higher steel output in early July. During …