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Category archives: Ferrous
Steel and Scrap Report 04/10/21
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European Close – It’s a Wrap!
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Ferrous trade weekly review 1/10/21
A total of 590,000 mt of iron ores was traded for the week ended Oct 1, down 2.67% on-week, due to short week as Chinese trade participants celebrated their week-long holidays. Restocking activities slowed down as the holidays approached in early October, while the power crunch and ongoing steel output cuts affected iron ore demand. …
Daily DCE Review 1/10/21
The futures of Dalian Commodity Exchange (DCE) closed for the week-long Golden week holidays, though market participants held mixed view over the iron ore demand. Part of the market bearish sentiment was linked to poor economic data from China, as the country’s manufacturing PMI ratings fell to contractionary levels. In meantime, the China’s recent power …
Steel and Scrap Report 01/10/21
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European Close 30/09/21
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London Iron Ore Market Report 30/09/21
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FIS Singapore Iron Ore Derivatives Report 30/09/21
Market Commentary Iron ore futures surged to as high as $128 in Asia on Thursday as traders locked in purchases ahead of the “golden week” holiday. Some traders were thought to be making last-ditched efforts to replenish their stocks, driving up prices in the process. “Iron ore is showing quite a clear rebound because mills …
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Oil and Ore Intraday Morning Technical 30/09/21
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