Category archives: Ferrous

Daily Virtual Steel Mill Report 27/11/23

Verdict: • Short-run Neutral.   Macro: • The China Macroeconomic Forum (CMF) predicted that the real GDP growth rate in China will rebound to 5% to 5.5% in the fourth quarter in 2023, and the GDP growth rate for the whole year of 2023 will reach 5.1% to 5.3%. Among them, the supply chain recovered, …

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Iron Ore Market Daily Report 24/11/23

Please click below to view the report     For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 7-23.pdf” title=”Europe Africa Bunker Fuel Market Update 06-07-23″]

Iron Ore DCE January24 Daily Technical Review 24/11/23

Verdict- Neutral. DCE Jan24 contract walked in narrow range till the end of market spike supported by the bigger growth on DCE coking coal. Thus, hourly slow stochastic KD created gold cross in oversold area. Hourly CCI moved close to bullish territory. If a breakthrough on last high at 998.5, iron ore would re-enter bullish …

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Steel and Scrap Report 24/11/23

Please click below to view the report     For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 7-23.pdf” title=”Europe Africa Bunker Fuel Market Update 06-07-23″]

Daily Virtual Steel Mill Report 24/11/23

Verdict: • Short-run Neutral to Bearish.   Macro: • Citigroup expected the Bank of England to cut interest rates for the first time in August next year, later than previously expected in May, due to increased inflation risks and personal tax cuts. • The ecological and environmental protection inspection teams will started to supervise on …

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