Category archives: Products

Daily Ferrous Physical Review Jul 15th

Ferrous Market Updates –    Ganggu Construction Steel Inventory: production 5.77 million tonnes, up 15,700 tonnes w-o-w. Mills inventory 5.05 million tonnes, down 354,300 tonnes w-o-w. Circulation inventory 11.13 million tonnes, up 207,000 tonnes w-o-w. –    MySteel 45 port previous week iron ore arrived 23.45 million tonnes, down 656,000 tonnes w-o-w. Northern six ports arrivals at …

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Steel margins—King of the Hill

Iron ore futures have been – and remain – an enigma in the commodity markets since the start of the COVID-19 pandemic. The widow-maker is the title of one article on Bloomberg and this is hard to argue; the rhetoric has been about the correction that is coming, not the bull market we have been …

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