Ferrous Market Updates – Mysteel researched 247 blast furnace operation rate at 90.63%, down 0.39% w-o-w. Utilisation rate 93.08%, down 2.27% w-o-w. Daily pig iron production 2.48 million tonnes, down 7,200 tonnes w-o-w. – Mysteel 45 ports iron ores inventory 108.78 million tonnes, up 693,300 tonnes w-o-w. Daily evacuation 3.16 million tonnes, up 6,000 tonnes …
Category archives: Products
Fertilizer Financial Markets Commentary/Curves
Morning Oil Note 9/7/20
Good morning all. Brent futures rose 2 cents, or 0.05%, to $43.31, by 4:43 am GMT, while WTI futures dipped 3 cents, or 0.07%, to $40.87 a barrel. According to data from the US Energy Information Administration, US oil stockpiles for the week ended July 3 increased by 5.7 million barrels from the previous week …
Daily Ferrrous Physical Review Jul 9th
Ferrous Market Updates – Both port trades and seaborne trades are traded lower yesterday. Some physical traders are reluctant to accept the high price. From the other side, Australia has boost volume during the last month of the fiscal year. – MySteel Rebar Inventory: Rebar production 3.89 million tonnes, down 2.99% w-o-w. Mills inventory 3.41 …
