Ferrous Market – Mysteel 45 ports iron ores inventory 113.74 million tonnes, up 635,100 tonnes w-o-w. Daily evacuation 3.256 million tonnes, up 148,900 tonnes w-o-w. Austrilian iron ores inventory 56.66 million tonnes, down 691,600 tonnes w-o-w. Brazil iron ores inventory 30.03 million tonnes, up 227,000 tonnes w-o-w. 169 ships at ports down 19 w-o-w. – …
Category archives: Ferrous
London Iron Ore Market Report 3/9/20
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 …
Oil and Ore Intraday Morning Technical 3/9/20
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): …
Continue reading “Oil and Ore Intraday Morning Technical 3/9/20”
Steel & Scrap Morning Report 3/9/20
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): …
DCE inches up amid stable mills’ stocks
Iron ore futures continued to rise throughout the week on good steel demand from China amid peak construction season. The most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange rose slightly by 0.88% or RMB 7.50 day-on-day to RMB 857.50 per tonne on Thursday. Likewise, the steel rebar contract on the Shanghai …
Iron Ore DCE January Daily Technical Review Sep 3rd
Verdict – Short-term neutral. DCE iron ore Jan closed with a doji, indicating a severe exhaustion after a round of push. The open interest and volume both up indicating confliction between long and short positions. DCE iron ore September is pegged with physical and stable arround 935- 940.0 area, which potentially restrict Jan on roof …
Continue reading “Iron Ore DCE January Daily Technical Review Sep 3rd”
Daily Ferrous Physical Review Sep 3rd
Ferrous Market – Vale started a level-1(lowest level) emergency protocol for Paracatu and Patrimonio dikes. The preventive measure doesn’t require the evacuation of the population and non impact Vale’s 2020 output. – Mysteel 64 sample steel mills seaborne sintered iron ore inventory 16.53 million tonnes. Seaborne iron ore turnover in 24 days. – Ganggu Construction …
London Iron Ore Market Report 2/9/20
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 …
DCE rallies on peak steel season
Iron ore futures maintained the bullish run on better steel demand from China due to peak construction activities season during the Sep-Oct period. The most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange rose by 1.06% or RMB 9 day-on-day to RMB 854.50 per tonne on Wednesday. However, the steel rebar contract …
Steel & Scrap Morning Report
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 …