Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 7-23.pdf” title=”Europe Africa Bunker Fuel Market Update 06-07-23″]
Tag archives: CC
Coking Coal Report 08/11/23
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 7-23.pdf” title=”Europe Africa Bunker Fuel Market Update 06-07-23″]
Daily Virtual Steel Mill Report 08/11/23
Verdict: • Short-run Neutral. Macro: • China Ministry of Commerce announced revisions to a list of bulk commodities requiring to keep statistical records, which include rare earth and iron ore. However market participants expect no direct impact on the process of imports or quota change. • Australia Central Bank hiked interest rates by 25bps …
Coking Coal Report 07/11/23
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 7-23.pdf” title=”Europe Africa Bunker Fuel Market Update 06-07-23″]
Daily Virtual Steel Mill Report 07/11/23
Verdict: • Short-run Neutral. Macro: • BOE chief economist Huw Pill said UK inflation will soon fall in line with the lower rates as the rest of the world, with less spending on energy sector. • According to data from the China Federation of Logistics and Purchasing, the global PMI index in October was …
Daily Virtual Steel Mill Report 06/11/23
Verdict: • Short-run Neutral. Macro: • US October non-agricultural payrolls increased by 150,000, which was lower than expected 180,000. The jobless rate raised to 3.9%, created the highest since January 2022. • Saudi Arab Energy Ministration announced a production cut by 1 million barrals/day, extended to December 2023. The curb was effective from July …
Daily Virtual Steel Mill Report 02/11/23
Verdict: • Short-run Neutral. Macro: • The US Federal Reserve president Jereme Powell and policymakers decided to stop interest hike in November, because the tightened financial conditions. • The air quality became poor in northern and mid China in first half of November predicted by Ministry of Ecology and Environment. Iron Ore Key …
Daily Virtual Steel Mill Report 01/11/23
Verdict: • Short-run Neutral. Macro: • China held Financial Work Conference, emphasizing to build long-term mechanism to prevent and resolve risks from local debts. In addition it also mentioned providing more fudnes in innovation, high-tech manufacturing, green technology and mid/small cap companies. • China Manufacturing PMI fell under boom and bust line at 49.5. …
Ferrous Weekly Report 31/10/23
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 7-23.pdf” title=”Europe Africa Bunker Fuel Market Update 06-07-23″]
Daily Virtual Steel Mill Report 31/10/23
Verdict: • Short-run Neutral. Macro: • Canada central bank indicated the resilience of inflation would enable the monetary department to hike interest rate in Q4. ECB indicated that the bank will see current rate enough in December. • China Manufacturing PMI fell under boom and bust line at 59.5. Iron Ore Key Indicators: …