Category archives: Ferrous

Daily Virtual Steel Mill Report 20/1/22

Market Verdict on Iron Ore： • Neutral. Macro • China central bank decreased the one year Loan Prime Rate from 3.8% to 3.7%, the second month decrease. Five Year Loan Prime Rate decreased from 4.65% to 4.6%, previously this rate was fixed for 2o consecutive months. • U.K. December 2021 CPI up 5.4%, created the …

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Daily DCE Review 20/1/22

Iron ore futures inched up amid mixed market outlook, in view of slowing demand approaching holidays and expectation of more production curbs during Winter Olympics. The futures of Dalian Commodity Exchange (DCE) for January delivery then increased by 1.30% day-on-day or up RMB 9.50 to RMB 742/mt, during the day trading session on Thursday. The …

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Freight and Commodity Podcast 19/1/22

The FIS Freight and Commodity podcast is back with us tackling what 2022 could have in store for us, as well as a weekly roundup of some of our main markets across the commodity complex.   Click Below to Listen: Website – https://freightinvestorservices.com/blog/fis-podcast-ep-84-19-1-22/ Spotify – https://open.spotify.com/episode/29iRVFK4hJmOqibi5Mapzu?si=NoqCRgZeQOK2afPrp-KfLw iTunes – https://podcasts.apple.com/gb/podcast/episode-84-19-1-22/id1507094242?i=1000548347941      

Iron Ore Offshore Feb 22 Morning Technical Comment – 240 Min Chart 19/01/22

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 May Daily Technical Review 19/1/22

Verdict – Short-term neutral, be aware of top reversal. DCE iron ore May22 contract yet to test high in 741.5. If a failure to reach this level, iron ore would confirm periodic high at 748.5 and potentially enter a correction phase. A breakthrough on 741.5 would increase chances to refresh new high and bring the …

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