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
Daily Virtual Steel Mill Report 04/12/23
Verdict: • Short-run Neutral to Bearish. Macro: • The U.S. ISM manufacturing PMI index recorded 46.7, which was lower than expected. It was below 50 for the thirteenth consecutive month, setting the longest record in more than 20 years. • Tangshan and eight surrounding cities in Hebei launched Level II emergency alert to heavy …
Daily Virtual Steel Mill Report 30/11/23
Verdict: • Short-run Neutral. Macro: • European Central Bank Governing Council member said that the first interest rate cut may be carried out in mid-2024, and the bet on the ECB’s interest rate cut in April next year seems a bit optimistic. The governor expected the economy to grow by 2.4% in 2023 and …
Daily Virtual Steel Mill Report 29/11/23
Verdict: • Short-run Neutral to Bearish. Macro: • Fed Governor Waller seemed to “blown” about potential interest rate cuts, saying that if inflation continues to fall, there may be grounds for a rate cut in a few months, which was irrelevant to economic pressure. Iron Ore Key Indicators: • Platts62 $129.45, -4.00, MTD …
Coking Coal Report 28/11/23
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″]
Ferrous Weekly Report 28/11/23
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 28/11/23
Verdict: • Short-run Neutral to Bearish. Macro: • The PBOC released China’s monetary policy implementation report for the third quarter. The report pointed out that China’s economy will continue to return to normal, and expected that the annual growth target of about 5% can be successfully achieved. • Saudi Arabia seeks OPEC+ to cut …
Daily Virtual Steel Mill Report 27/11/23
Verdict: • Short-run Neutral. Macro: • The China Macroeconomic Forum (CMF) predicted that the real GDP growth rate in China will rebound to 5% to 5.5% in the fourth quarter in 2023, and the GDP growth rate for the whole year of 2023 will reach 5.1% to 5.3%. Among them, the supply chain recovered, …
Daily Virtual Steel Mill Report 24/11/23
Verdict: • Short-run Neutral to Bearish. Macro: • Citigroup expected the Bank of England to cut interest rates for the first time in August next year, later than previously expected in May, due to increased inflation risks and personal tax cuts. • The ecological and environmental protection inspection teams will started to supervise on …
Coking Coal Report 23/11/23
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″]