Ferrous Archives - Page 289 of 805

Morning Steel and Scrap Report 02/06/23

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

Iron Ore DCE September23 Daily Technical Review 02/06/23

Verdict- Bullish. DCE Sep23 contract maintained in bullish run as expected. Hourly slow stochastic KD entered bullish area. Hourly CCI entered bullish territory. Technical signals were indicating the bullish run in continuance. First support 732.0. First resistance 794.5.

Daily Virtual Steel Mill Report 02/06/23

Market Verdict on Iron Ore： • Neutral to bullish. Macro： • MySteel estimated 45 Chinese iron ore ports total inventories at 127.52 million tons, down 412,900 tons. Daily evacuation at 2.9099 million tons, down 7,200 tons on the week. • Eurozone May inflation rate decreased from 7% to 6.1%, lower than expected 6.3%. The …

Continue reading “Daily Virtual Steel Mill Report 02/06/23”

London Iron Ore Derivatives Report 01/06/23

Singapore Iron Ore Derivatives Report 01/06/23

Morning Steel and Scrap Report 01/06/23

London Iron Ore Derivatives Report 31/05/23

Singapore Iron Ore Report 31/05/23

Morning Steel and Scrap Report 31/05/23

Iron Ore DCE September23 Daily Technical Review 31/05/23

Verdict- Neutral to bullish. DCE Sep23 contract rebounded as expected yesterday. Hourly MACD created gold cross. Hourly slow stochastic KD created gold cross above oversold area. Hourly CCI rebound fast and approached mid-area. Short-run technical signals were indicating a sustainability on the current trend. First support 700.0. First resistance 733.0.