Daily Virtual Steel Mill Report 6/5/21

Market Verdict on Iron Ore: ·         Iron ore neutral to bullish. Macro ·         China National Development of Reform Commission decides to indefinitely suspend all activities under the framework of the China-Australia Strategic Economic Dialogue jointly held by the National Development and Reform Commission of the People’s Republic of China and relevant ministries of the Australian …

FIS Castaway Podcast – Episode 53 05/05/21

  FIS Castaway Podcast – Episode 53   Japanese power, a red-hot Cape market, rising oil, and iron ore around record levels. Get updated on our main markets as well as battery metals and lumber on this week’s podcast.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-53/   Spotify https://open.spotify.com/episode/1BWbvExwXnvxfQhuqA3OR9?si=wTn7L6bsSjeT5oHEJSwCfA   iTunes https://podcasts.apple.com/gb/podcast/episode-53/id1507094242?i=1000520255753         Disclaimer: This …

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 …

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