Market Verdict on Iron Ore: • Neutral to bullish. Macro • Russia expected to restart Nordstream I Natural Gas pipe on Thursday, with 40% capacity. • Eurozone June CPI up 8.6%, last 8.6%, est. 8.6%. Iron Ore Key Indicators: • Platts62 $96.45, -4.45, MTD $107.61. Resurgence of Covid-19 spread in new areas of …
Category archives: Ferrous
Morning Steel and Scrap Report 20/07/22
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London Iron Ore Report 19/07/22
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European Close 19/07/22
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Singapore Iron Ore Derivatives Report 19/07/22
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Iron Ore Offshore August 22 Morning Technical Comment – 240 Min Chart 19/07/22
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Morning Steel and Scrap Report 19/07/22
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
Iron Ore DCE September Daily Technical Review 19/07/22
Verdict – Short-term neutral. DCE iron ore September tested high however rejected below important resistance at 694.5. Hourly MACD narrowed above 0 axis. Hourly slow stochastic KD corrected after dead cross below overbought area. Short-run neutral. The first support is 650.0. The first resistance is 694.5.
Daily Virtual Steel Mill Report 19/07/22
Market Verdict on Iron Ore: • Neutral. Macro • Reuters news indicated a letter from Gazprom had announced force majeure to at least one of its clients on the natural gas supply. U.S. white house predicted that OPEC + would increase oil supply after the talk between Joseph Biden and the middle-east countries. …
Evening Steel and Scrap Report – 18/07/22
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