Category archives: Ferrous

Daily DCE Review 5/5/21

Iron ore futures were muted following the week-long Labour Day holidays in China, though steel prices continued to climb on market optimism. Thus, the Tangshan billet prices maintained about the RMB 5,000/mt in early May and increased further by RMB 20 to RMB 5,060/mt on Wednesday.   Record high margins for HRC     China’s domestic …

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Castaway Podcast – Ep. 52 – Shipping Emissions

‘No Smoking here – It’s the Castaway Emissions Special! Join us with our special guest Andrew Glass of Viridios Capital and Avatar Commodities to discuss Emissions Offsets and their effect on the world of shipping and commodities.     Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-51-shipping-emissions/   Spotify https://open.spotify.com/episode/6vGCbv86JDVPJxaogu020h?si=zHvmrUJaT8qoZSdWJu58lg   iTunes https://podcasts.apple.com/gb/podcast/episode-52-shipping-emissions/id1507094242?i=1000518992755

Daily DCE Review 4/5/21

Iron ore futures came to a standstill following holidays season in China, despite gains in steel billet prices. Tangshan billet prices then rose by RMB 30 on-day to RMB 5,040/mt on Tuesday, May 4 after billet prices stabilized under the RMB 5,000/mt level since end-April.   Billet margins soar to record high level     Chinese …

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