Category archives: Ferrous

FIS Singapore Iron Ore Derivatives Report 11/10/21

Physical Trades Platform GO traded 80,000 mt Newman lump at Platts 62% Nov index + $0.25/dmtu for Nov 1-10 loading. GO traded 170,000 mt BRBF Fe 62% at $139.10/mt for Nov 14-23 loading. Corex traded 80,000 mt Yandi fines Fe 56.7% at AM[2021-11-01,2021-11-30],62%,-$22.90 /mt for Oct 28 -Nov 6 loading. Corex traded 120,000 mt PBF …

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Iron Ore DCE Jan Daily Technical Review 11/10/21

Verdict – Short-term bullish. DCE iron ore January contract maintained bullish during the day. Daily 5 day moving average, 10 day moving average and 20 day moving average have created two sets of gold cross, which reversed the previous bearish market to a rebound market. Hourly slow stochastic KD entered bullish territory. Hourly CCI entered …

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Daily Virtual Steel Mill Report 8/10/21

Market Verdict on Iron Ore： ·         Bullish. Macro ·         U.S. increased 194,000 jobs in September, which was significantly below expectation around 500,000 jobs increase, previous number was increase by 235,000 jobs. ·         China PM Li Keqiang held conference to ensure the winter and early spring supply and coal and electricity. The conference widened the floating …

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