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Iron Ore Hits 2-week Low On Weak Demand, Possible Steel Output Curbs
BEIJING, Sept 25 (Reuters) – Iron ore futures fell on Monday, as traders were worried about weaker-than-expected steel consumption in the peak construction season and possible steel output curbs during winter in top consumer China, and as pre-holiday restocking came to an end. The most-traded January iron ore on China’s Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trading 2.03% …
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Daily Virtual Steel Mill Report 26/09/23
Verdict: • Short-run Neutral to Bearish. Macro: • ECB president Christian Lagarde indicated that the pre-historic high deposit rate could resist inflation to 2%, interest hike is still an option in rest of 2023. • Evergrande Real Estate failed to settle principal and interest payments with the bond code”20 Hengda 04”, which should be …
European Close 25/09/23
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Capesize Technical Report 25/09/23
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Supramax Oct 23 Morning Technical Comment – 240 Min 25/09/23
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Panamax Oct 23 Morning Technical Comment – 240 Min 25/09/23
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Capesize Oct 23 Morning Technical Comment – 240 Min 25/09/23
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Iron Ore Offshore Oct 23 Morning Technical Comment – 240 Min Chart 25/09/23
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Brent Nov 23 Morning Technical Comment – 240 Min 25/09/23
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