Category archives: Products

Daily Virtual Steel Mill Report 20/12/21

Market Verdict on Iron Ore： • Neutral. Macro • After experienced the super central bank week, BOE started the first round of interest rate raise. ECB increased asset purchase plan. Russia announced the seventh interest rate increase of the year. Other new emerging market countries also announced interest rate raise. However major economies in Asia …

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Capesize Technical Report ( A Positive Divergence on the Jan-22 Futures) 17/12/21

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Ferrous Trade Weekly Review 17/12/21

A total of 710,000 mt of iron ores was traded for the week ended Dec 17, up   weekly, despite approaching the holidays season. The improving margins and market optimism over steel demand in the new year had lifted the market sentiments, though some trade participants expected some sintering curbs ahead of the Winter Olympics. During …

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