Tag archives: CC

Iron ore uneasy over China weather, steel demand

Iron ore futures rebounded modestly on Tuesday as investors remained concerned over China’s steel demand. Rebar led the way for the rebound in Asia as investors became concerned over the latest environmental curbs in Tangshan which may lead to temporarily closure of many blast furnaces and sintered machines in the area.   Iron ore failed …

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Did Someone Mention Increasing Demand?

It is the panacea for all markets, the biggest factor that could help us recover some sense of normality, the only thing that will bring a smile to suppliers across the world. It is, of course, increasing demand.   The virus has caused huge disruption and left markets unable to react quickly enough to counteract …

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FIS CASTAWAY – EPISODE 13

This week the team talk $6 million dollar bail, Cape splits, and EU travel bans; all this is alongside our usual in depth analysis of the supply and demand factors affecting commodity market prices.   Available now on the FIS website (www.freightinvestorservices.com/media )   Spotify https://open.spotify.com/show/7yMLsm5s8tLtrCQr7bG8wD?si=FW6Rvj9HRjClAx3vRjq8iw   And Apple https://podcasts.apple.com/sg/podcast/fis-castaway/id1507094242  

Steel futures up on mixed Coronavirus news

Iron ore futures extended gains on Wednesday as investors assessed risks from the Coronavirus pandemic.   There are worrying signs that the outbreak has worsened in Brazil, with the nation recently surpassing the mark of one million confirmed cases and 50,000 deaths.   Latest figures showed that Brazil added new deaths, bringing the total to …

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