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 (FL): +1 813 490 6630
Category archives: Ferrous
Ferrous trade weekly review 22/10/21
A total of 980,000 mt of iron ores was traded for the week ended Oct 22, a significant sharp decline of 64.87% from previous week at 2.79 million mt. Trade participants were concerned over the upcoming traditional low steel demand during winter season with market certainty variables over power crunch and sintering curbs. During the …
Daily DCE Review 22/10/21
Iron ore futures continued its downward slide on market uncertainty over steel demand amid sintering restrictions. The futures of Dalian Commodity Exchange (DCE) for January delivery then dipped by 1.50% day-on-day or down RMB 10.50 to RMB 689.50/mt, during the day trading session on Friday. The rebar futures also dropped by 6.54% day-on-day or down …
Daily Virtual Steel Mill Report 22/10/21
Market Verdict on Iron Ore： · Oversold in short-run. Macro · China PM Li Keqiang held conference to punish illegal speculation on coal market and prevent the price transmission from commodities to downstream, and avoid cost increasing on mid-small capital company. · China Zhejiang Province downgrade the electricity consumption level from C to B, indicating …
European Close 21/10/21
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 (FL): +1 813 490 6630
London Iron Ore Market Report 21/10/21
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 (FL): +1 813 490 6630
Steel and Scrap Report 21/10/2021
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 (FL): +1 813 490 6630
Iron Ore DCE Jan Daily Technical Review 21/10/21
Verdict – Short-term bearish. DCE iron ore January contract started a slump mode in the Asian afternoon session driven majorly by the consecutive limit-down on coke and coal sectors. Ferrous money outflow was significant. Iron ore technically create three black candles from hourly chart with increasing volume, indicating the correction movement potentially extend in the …
Continue reading “Iron Ore DCE Jan Daily Technical Review 21/10/21”
Daily Virtual Steel Mill Report 21/10/21
Market Verdict on Iron Ore： · Neutral. Macro · China PM Li Keqiang held conference to punish illegal speculation on coal market and prevent the price transmission from commodities to downstream, and avoid cost increasing on mid-small capital company. · China Zhejiang Province downgrade the electricity consumption level from C to B, indicating the power …
Daily DCE Review 21/10/21
Iron ore futures dipped at the close, despite opening higher at the start of the morning session due to market uncertainty over steel demand. The futures of Dalian Commodity Exchange (DCE) for January delivery then tanked by 8.70% day-on-day or down RMB 8.70 to RMB 650.50/mt, during the day trading session on Thursday. The rebar …