DCE rallies on high capital injections

Iron ore futures continued to chase toward the RMB 1,000/mt mark, on good steel demand and expectation of recovering economies from the pandemic. Thus, the most-traded iron ore for May 2021 delivery on China’s Dalian Commodity Exchange (DCE) rose by 6.76% day-on-day or RMB 61.50 to 971/mt on Thursday. The steel rebar contract on the …

Castaway Podcast- Episode 36

FIS Castaway Podcast – Episode 36   Caught off guard by the Iron Ore moves? Listen to this week’s Castaway podcast where Chris, Tom and Kerry have it covered, along with all our markets.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-36-unprecedented-coverage-in-unprecedented-times/   Spotify https://open.spotify.com/episode/0WA9W0fF8iU8zj7ZXaXJv9?si=wQFDhZpGQAmWRHJ5ELpt6Q     And Itunes  https://podcasts.apple.com/gb/podcast/fis-castaway/id1507094242#episodeGuid=9e03d14c-8b5c-8383-312a-4c06244f5758