Category archives: Products

Daily Virtual Steel Mill Report 26/09/22

Market Verdict on Iron Ore： Neutral to bullish.   Macro To stabilize foreign exchange market expectations and strengthen macro prudential management, the People’s Bank of China has decided to raise the foreign exchange risk reserve ratio of forward exchange surrendering from 0-20%. U.S. Nasdaq corrected 5.03% during last week, total down 16.7% from August 12th, …

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Germany Inks Energy Security Agreement With UAE 26/09/22

Germany and the UAE on Sunday signed an “energy security and industry accelerator” agreement which includes LNG and diesel supply deals. The agreement also underlines an intent to collaborate on decarbonisation and climate action, according to UAE state news agency WAM.     Under the agreement, Abu Dhabi’s state-owned Adnoc will reserve a number of …

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