Category archives: Ferrous

Iron Ore DCE September Daily Technical Review 19/05/22

Verdict – Short-term neutral to bullish.   DCE iron ore September contract tested the support near 780.0, however resisted by 777.0 with expanding volume. 777.0 – 780.0 would still become an important support level in mid-run. Hourly slow stocahstic KD created gold cross above oversold area. Hourly MACD potentially create gold cross. Short-run technical signals …

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Daily Virtual Steel Mill Report 19/05/22

Market Verdict on Iron Ore： • Neutral.   Macro • The U.N. decreased the global economy growth rate at 3.1%, lower than 4% expectation estimated in January. Expected inflation rate at 6.7%, nearly trippled the average inflation level from 2010- 2020, contributed by the massive increase on grains and energy price. • U.K. CPI up …

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Freight and Commodity Podcast 18/05/22

An exciting announcement, technical chat, and looking into freight and base metals markets, all on this week’s podcast. Click Below to Listen:   Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/63IlRM5CBVAw7yKvJfcbhz?si=JxWGhJmQQMqeqYXFFrtOvw   iTunes – https://podcasts.apple.com/gb/podcast/episode-98-18-05-22/id1507094242?i=1000562212548