Daily Ferrous Physical Review Nov 19th

Ferrous Market –    Tangshan 10 steel mills average pig iron cost 2446 yuan/tonne, billet cost 3181 yuan/tonne, up 2 yuan/tonne. Mills gross profit 419 yuan/tonne, up 18 yuan w-o-w. –    China coal mines safety and inspection bureau planned to investigate Shanxi Province on the safety production and facilities for three months. –    MySteel Rebar Inventory: …

European Close 18/11/20

Iron ore futures continue to trade at new highs signaling the market trend remains bullish. Demand remains resilient whilst we are seeing a decline in steel inventories by 178,400 tons (MySteel), this is following the strong industrial and property data from yesterday.   The fundamental continues to support the market with futures trading up to …

FIS Castaway Podcast Episode 33

FIS Castaway Podcast – Episode 33   China’s coal imports continue to fall along with Cape freight, while oil and iron ore push, and the Baltic launches a new airfreight index – we discuss it all on Castaway this week along with our award winning app!   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-33-unprecedented-coverage-in-unprecedented-times/   Spotify https://open.spotify.com/episode/76K7aj5UJa3WRgHct5v1zM   …