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Category archives: Ferrous
Oil and Ore Intraday Morning Technical 18/11/21
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Steel and Scrap Report 18/11/21
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Iron Ore DCE Jan Daily Technical Review 18/11/21
Verdict – Short-term neutral. DCE iron ore Jan22 started to consolidate weakly after refreshed listed low during today. Major previous support become resistance at 531.0 level after breakdown. Hourly slow stochastic KD retreated to bearish territory. Hourly MACD deepened below 0 axis. Short-run signals were indicating a neutral sentiment in this market. The first support …
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Daily Virtual Steel Mill Report 18/11/21
Market Verdict on Iron Ore: · Neutral. Macro · Reuters: Biden government seek the top oil producing countries to release some crude oil reserves to help decrease oil price and stimulate economy booming. Iron Ore Key Indicators: · Platts62 $89.95, -0.45, MTD $93.45. Iron ore seaborne market gradually return stable during the week, as several …
Steel and Scrap Evening Report 17/11/21
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Daily DCE Review 18/11/21
Iron ore futures closed in negative regions, despite a late morning rally to push prices higher, amid thin steel margins environment. The futures of Dalian Commodity Exchange (DCE) for January delivery then fell by 5.10% day-on-day or down RMB 27.50 to RMB 511.50/mt, during the day trading session on Thursday. The rebar futures also inched …
European Close 17/11/21
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London Close Iron Ore Report 17/11/21
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Iron Ore Offshore 17/11/21
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