Category archives: Products

Daily Virtual Steel Mill Report 9/8/21

Market Verdict on Iron Ore： ·         Iron ore short-run neutral. Macro ·         China National Bureau of Statistics: July CPI up 1% from June, up 0.3% y-o-y. July PPI up 9% y-o-y, from 0.5% from August. Jan- July Manufacturing ex-work price up 5.7% y-o-y, Manufacturing purchase price up 7.9% y-o-y. Iron Ore Key Indicators: ·         Platts …

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Tanker Morning Report 9/8/21

News Headlines:   Iranian drone attacked Zodiac-operated Mercer Street tanker, US says (Tradewinds) US Central Command — the US military’s arm responsible for the Middle East — said its experts were able to recover pieces of the drone that struck the 49,992-dwt Mercer Street (built 2013) in the Gulf of Oman, concluding it was built …

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Oil Morning Report 9/8/21

  Brent crude futures slid by $1.27, or 1.8%, to $69.43 a barrel by 0434 GMT, after having slumped 6% last week, their biggest weekly loss in four months. U.S. West Texas Intermediate (WTI) crude futures fell $1.29, or 1.9%, to $66.99 a barrel, after having slumped nearly 7% last week in their steepest weekly …

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