Category archives: Products

Iron Ore DCE September Daily Technical Review 25/4/22

Verdict – Short-term bearish.   DCE iron ore September contract reached limited-down several times during the day and closed only 2 yuan above limited down level. The trading volume increased significantly. Iron ore entered a mid-run bearish market. Hourly CCI refreshed new low since the Sep22 contract listed. Hourly MACD fell fast in bearish territory. …

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Daily Virtual Steel Mill Report 25/4/22

Market Verdict on Iron Ore： • Bearish.   Macro • EU issued a guidance document saying that it is feasible to pay on Russian natural gas with rubles, without violating the sanctions. • US Treasury Secretary Yellen hinted that in order to get rid of the highest inflation in 40 years, the United States is …

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