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Category archives: Ferrous
Daily Virtual Steel Mill Report 8/7/21
Market Verdict on Iron Ore： · Iron ore short-run neutral. Macro · From January to June, the cumulative growth rates of domestic sales of large, medium and small excavators were 9.8%, 45.5% and 18.7% respectively. Although they still maintained the growth trend, but were 7.2%, 9.7% and 6.6% slower than previous five months. The growth …
European Close 08/07/21
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London Iron Ore Market Report 08/07/21
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Oil and Ore Intraday Morning Technical 08/07/21
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Morning Steel and Scrap Report – 08/07/21
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Iron Ore DCE Sep Daily Technical Review 8/7/21
Verdict – Short-term neutral to bearish. DCE iron ore September rejected below previous high at 1252.0 level. From hourly chart, the iron ore was also rejected by 1204.0 level, which was close to a neckline of a double top pattern. The price movement and candle pattern were indicating iron ore price entered a corrective phase. …
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Daily Virtual Steel Mill Report 8/7/21
Market Verdict on Iron Ore： · Iron ore short-run neutral. Macro · China Prime Minister held a conference to facilitate RRR cuts focusing on decrease cost for mid-small capital enterprises. The RRR cuts were not related to a general loose on money supply. · According to the National Development of Reform Commission’s “14th five year” …
London Iron Ore Market Report 07/07/21
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FIS Castaway Podcast – Episode 62 – Base Metals Special 07/07/21
FIS Castaway Podcast – Episode 62 – Base Metals Special This week is all about that base. Nick McClements talks about the base metal market after we explore the freight, iron ore and freight markets. Listen Below: Website https://freightinvestorservices.com/blog/fis-castaway-eps-62/ Spotify https://open.spotify.com/episode/4P2aKjAvILf6mZgg5mVnCB?si=DnG88hz7TUieXD00SIp1eA&dl_branch=1 iTunes https://podcasts.apple.com/gb/podcast/episode-62-base-metals-special/id1507094242?i=1000528109462 Disclaimer: This podcast …
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