Category archives: Ferrous

Daily Virtual Steel Mill Report 2/12/21

Market Verdict on Iron Ore： ·         Neutral to bullish. Macro ·         OECD change the global economy growth rate prediction from 5.7% to 5.6%. In addition, OECD also decrease the growth outlook in U.S. and Euro zone this year and next year. ·         Fed Beige Book: in October and early November, economic activity in most fed …

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Castaway Podcast Ep. 82 01/12/21

FIS Castaway Podcast – Ep. 82 With a new Covid variant oil’s price has sledged down a hill, while Panamaxes have stormed ahead in the dry freight market, all discussed on this week’s podcast.     Click Below to Listen:   Website – https://freightinvestorservices.com/blog/fis-castaway-eps-82/   Spotify – https://open.spotify.com/episode/4WT27WbENAvcsrAS6koWqA?si=qeLt6MYtRMKNB_Mi1O-rcA   iTunes – https://podcasts.apple.com/gb/podcast/episode-82/id1507094242?i=1000543604886 For more information please contact enquiry@freightinvestor.com …

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Iron Ore Offshore Dec 21 Morning Technical Comment – 240 Min Chart 01/12/21

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 US (KS): +1-203-979-7023

Daily DCE Review 1/12/21

Iron ore futures rose for the third consecutive trading day, despite poor economic data indicating slowdown of manufacturing activities in China. The futures of Dalian Commodity Exchange (DCE) for January delivery then rose by 1.63% day-on-day or up RMB 10 to RMB 624/mt, during the day trading session on Wednesday. The rebar futures also followed …

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