Category archives: Products

Daily Virtual Steel Mill Report 27/9/21

Market Verdict on Iron Ore： ·         Neutral. Macro ·         Guangdong Province, China appealed to stop electricity usage in low floors. Liaoning province electricity supply triggered serve shortage level because of the sudden decrease on wind power. Inner Mongolia started to stop operation in 6 out of 11 steel mills. Iron Ore Key Indicators: ·         Platts62 …

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Daily Capesize Review 24/9/21

Capesize freight rates took a breather from previous bullish rally, while the market saw more supplies free from bad weather-related situations. The Capesize 5 time charter average, then went down by $374 day-on-day to $61,309 on Friday, due to some profit taking on the paper market. The Baltic Dry Index (BDI) then dropped slightly by …

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FIS Fuel Oil Morning Report 27/09/21

Brent crude was up $1.14 or 1.5% at $79.23 a barrel by 0208 GMT, having risen a third consecutive week through Friday. U.S. Oil added $1.11 or 1.5% to $75.09, its highest since July, after rising for a fifth straight week last week.   Oil prices rose for a fifth straight day on Monday with …

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FIS Morning Report Tanker FFA 27-09-21

News Headlines: OIL DAYBOOK EUROPE: More BP Stations Run Out of Fuel; APPEC (Bloomberg) BP Plc, the second-largest fuel retailer in the U.K., said it has run out of the main grades at almost a third of its stations in the country after days of panic buying “With the intense demand seen over the past …

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