Category archives: Ferrous

Iron Ore DCE May Daily Technical Review 29/3/21

Verdict – Short-term neutral. DCE iron ore may contract expected to complete rolling late this week or next week. Iron ore picked up significantly following the strong steel and coals. However hourly CCI flattened. Hourly slow stochastic created dead cross in overbought area. Iron ore potentially test historical new high at 1185.0 if hold up …

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Daily Virtual Steel Mill Report 29/3/21

Market Verdict on Iron Ore： ·         Iron ore neutral. Macro Market: ·         Suez Canal Admission: Ever Given in Suez Canal successfully float, however no more details on the recover date of the Canal. ·         U.S. president Biden planned to announce a statement related to infrastructure investment and green energy plan. Iron Ore Key Indicators: ·         …

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Iron Ore Offshore May 21 (Rolling Front Month Futures) 26/03/21

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 US (KS): +1 813 490 6630

Oil and Ore Intraday Morning Technical 26/03/21

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 US (KS): +1 813 490 6630

Ferrous trade weekly review 26/3/21

A total of 0.95 million mt of iron ores was traded for the week ended Mar 26, down 10.80% on-week, as the Tangshan’s output cuts discouraged market from iron ore procurement. Some market participants expected the output restrictions to extend to other regions and thus affected the buying interests for iron ore. During the week, …

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