Category archives: Ferrous

Castaway Podcast Ep. 81 24/11/21

Freight and Iron Ore markets have found a floor, for the time being at least, hear about that and our other commodity markets on this week’s podcast.     Click Below to Listen:     Website – https://freightinvestorservices.com/blog/fis-castaway-eps-81/ Spotify – https://open.spotify.com/episode/6LDYAu9mETGcsOvsnZmQBd?si=-kZQbyRdQVSj-Dpea0Xc_w iTunes – https://podcasts.apple.com/gb/podcast/episode-81/id1507094242?i=1000542942416

Iron Ore DCE Jan Daily Technical Review 24/11/21

Verdict – Short-term bullish. DCE iron ore Jan22 maintained strong rebound during the day. Iron ore aggregated open interest decreased by 12.43%, this decrease was majorly caused by a taking gains from previous short-positions. Hourly CCI maintained in bullish territory. Hourly slow stochastic KD maintained in bullish territory. Short-run technical were indicating a bullish in …

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Daily Virtual Steel Mill Report 24/11/21

Market Verdict on Iron Ore： ·         Neutral to bullish. Macro ·         U.S. white house announced that the energy department will release 5,000 barrels of crude oil from Special Petroleum Reserve to resist oil price and resolve the supply disruption caused by pandemic. Iron Ore Key Indicators: ·          Platts 62%: $99.45 (+4.75) MTD $93.38. SGX and …

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Daily DCE Review 24/11/21

Iron ore futures rose for the third consecutive day on market optimism over higher steel output after the lifting of production restrictions. The futures of Dalian Commodity Exchange (DCE) for January delivery then rose by 5.84% day-on-day or up RMB 34 to RMB 616.50/mt, during the day trading session on Wednesday. The rebar futures also …

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Iron Ore Offshore Dec 21 Morning Technical Comment – 240 Min Chart 23/11/21

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