Category archives: Products

Daily Virtual Steel Mill Report 29/3/21

Market Verdict on Iron Ore： ·         Iron ore neutral. Macro Market: ·         Suez Canal Admission: Ever Given in Suez Canal successfully float, however no more details on the recover date of the Canal. ·         U.S. president Biden planned to announce a statement related to infrastructure investment and green energy plan. Iron Ore Key Indicators: ·         …

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China Wuxi Cobalt Index Weekly Technical Review 29/3/2021

Verdict – Short-term neutral to bullish. China Wuxi Cobalt recovered slowly last week, however with significant decrease on both interest and volume since mid-March. Slow stochastic KD created gold cross near oversold area on March 24th. CCI rebound since March 12th. Technical signals were indicating a potential to extend rebound. The first support is 325.0. …

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