Category archives: News

Iron Ore DCE Sep Daily Technical Review 6/5/21

Verdict – Short-term neutral to bullish. DCE iron ore September contract refreshed historical high and maintain strong movement. Iron ore created a gap as a strong support after a high open cross Labor Day Holiday. Hourly slow stochastic KD created gold cross near oversold area. Hourly CCI created two-weeks-high fast from a monthly low during …

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Daily Virtual Steel Mill Report 6/5/21

Market Verdict on Iron Ore： ·         Iron ore neutral to bullish. Macro ·         China National Development of Reform Commission decides to indefinitely suspend all activities under the framework of the China-Australia Strategic Economic Dialogue jointly held by the National Development and Reform Commission of the People’s Republic of China and relevant ministries of the Australian …

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