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Category archives: Ferrous
European Close 27/03/24
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Iron Ore Market Daily Report 27/03/24
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Iron Ore Offshore April 24 Morning Technical Comment – 240 Min Chart 27/03/24
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London Iron Ore Market Report 26/03/24
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Weekly Ferrous Report 26/03/24
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Iron Ore Market Daily Report 26/03/24
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Iron Ore Offshore April 24 Morning Technical Comment – 240 Min Chart 26/03/24
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Iron Ore DCE May24 Daily Technical Review 26/03/24
Verdict- Neutral to Bearish. DCE May24 contract broke previous support at 827.5 and accelerated correction. From hourly chart, MACD widened in bearish territory. Hourly slow stochastic KD deepened correction after three lower dead cross from Mar 22nd to Mar 26th. Hourly CCI was in bearish territory. Short-run signals indicated a lower area in the next …
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Daily Virtual Steel Mill Report 26/03/24
Verdict: • Short-run Neutral. Macro: • The World Steel Association statistic indicated that total crude steel production at 148.8 million tons, up 3.7% on the year. Iron Ore Key Indicators: • Platts62 $108.80, -0.30, MTD $110.73. The MACF was traded at fixed price at $107.3 yesterday. All rest of concentrates were facing oversupply …