Category archives: News

Iron Ore DCE September23 Daily Technical Review 19/06/23

Verdict- Neutral. DCE Sep23 contract corrected the growth of Friday. As expected, iron ore in DCE maintained a neutral sentiment during the past four trading days. The periodic high became the first resistance level. The first support at 802.0 became a neckline level from hourly chart. Hourly MACD widened in bearish territory. Hourly CCI approached …

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Daily Virtual Steel Mill Report 19/06/23

Market Verdict on Iron Ore： • Neutral.   Macro： • Christine Lagarde expected the high inflation would maintain at high level in very long times, ECB potentially increase interest rate in July. • China NBS: China exported 4.57 million tons of flat steel, up 0.7% on the year. Jan-May total exported 23.56 million tons of …

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