Category archives: News

Iron Ore DCE May Daily Technical Review 3/2/21

Verdict – Short-term neutral to bearish. DCE iron ore rebounded slightly, the intraday low at 925.0 gathered some trading volume to push iron ore price back to 940-950 level in the afternoon session. Hourly MACD potentially create gold cross. Hourly CCI rebounded for previous six hours and created intraday high. Hourly slow stochastic KD created …

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Ferrous Daily Physical Review 3/2/21

Ferrous Market –    MySteel Australia and Brazil iron ore total delivery at 24.69 million tonnes, up 4.92 million tonnes w-o-w. Australia iron ore delivery 17.05 million tonnes, up 3.02 million tonnes w-o-w. Australia delivery to China 13.13 million tonnes, up 1.175 million tonnes w-o-w. Brazil iron ore delivery 7.645 million tonnes, up 1.896 million tonnes …

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