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Category archives: Ferrous
European Close 06/11/23
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Iron Ore Market Daily Report 06/11/23
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Iron Ore Offshore Dec 23 Morning Technical Comment – 240 Min Chart 06/11/23
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Steel and Scrap Report 06/11/23
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Iron Ore DCE January24 Daily Technical Review 06/11/23
Verdict- Neutral. DCE Jan24 contract consolidated during the day without seeing a direction as expected from previous report. The high of the period witnessed 936.0 -938.0 area, which became a strong resistance. Hourly MACD widened in bearish territory. Hourly slow stochastic KD accelerated the correction in neutral area. Hourly CCI fell from bullish territory to …
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Daily Virtual Steel Mill Report 06/11/23
Verdict: • Short-run Neutral. Macro: • US October non-agricultural payrolls increased by 150,000, which was lower than expected 180,000. The jobless rate raised to 3.9%, created the highest since January 2022. • Saudi Arab Energy Ministration announced a production cut by 1 million barrals/day, extended to December 2023. The curb was effective from July …
London Iron Ore Market Report 03/11/23
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European Close 03/11/23
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Iron Ore Dec 23 (rolling Front Month) 03/11/23
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