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″][pdf-embedder url=”https://fisapp.com/wp-content/uploads/2023/07/Americas-Bunker-Fuel-Market-Update-13-07-23-003-1.pdf” title=”Americas Bunker Fuel …
Tag archives: CC
Daily Virtual Steel Mill Report 01/08/23
Market Verdict on Iron Ore： • According to CME FedWatch, the probability to maintain interest rate unchanged at September reached 82%, while the probability to hike 25% reached 18%. The probability to maintain unchanged interest rate for November reached 68%. Macro： • European Central Bank President Christine Lagarde stated that interest rate hikes may be …
Daily Virtual Steel Mill Report 31/07/23
Market Verdict on Iron Ore： • Neutral. Macro： • European Central Bank President Christine Lagarde stated that interest rate hikes may be raised or suspended in September. Lagarde said that inflation must return to the target level and interest strategies should became restrictive at a certain level and for a period of time. • …
Daily Virtual Steel Mill Report 28/07/23
Market Verdict on Iron Ore： • Neutral. Macro： • The strong typhoon Doksuri landed in eastern China, which potentially cause some downstream work sites and steel mills’ operation halt. • China NBS: H1 industrial value added amount 3.38 trillion yuan, down 16.8% on the year, improved by 2% from Jan – May. Iron …
Daily Virtual Steel Mill Report 26/07/23
Market Verdict on Iron Ore： • Neutral. Macro： • IMF increased the global GDP increase from 2.8% in April to 3%. Iron Ore Key Indicators: • Platts62 $116.75, +2.25, MTD $112.51.The fast narrowed discount in MACF potentially mean JMBF became cheaper with a stable wide discount. There was JMBF traded at $4 discount …
Ferrous Weekly Report 25/07/23
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
Daily Virtual Steel Mill Report 24/07/23
Market Verdict on Iron Ore： • Neutral. Macro： • China vowed at a key economic policy meeting to optimize and adjust policies for the property sector yesterday. Iron Ore Key Indicators: • Platts62 $114.50, -0.85, MTD $112.25. MACF saw active trades again yesterday, with a fixed trade at $112.1/dmt and a float price …
Daily Virtual Steel Mill Report 24/07/23
Market Verdict on Iron Ore： • Neutral. Macro： • China announced support for property construction by saying the government will boost the renovation of urban villages. It will also seek more private capital in the projects to expand domestic demand and push forward development of cities. Iron Ore Key Indicators: • Platts62 $115.35, …
Daily Virtual Steel Mill Report 21/07/23
Market Verdict on Iron Ore： • Neutral. Macro： • Bloomberg: major economists believed that the next interest rate increase would ended 16 months interest hike. • Platts62 $116.25, +2.25, MTD $111.87. Seaborne market became quiet during the past two days. There was secondary trade on PBF at $1.1 based on August Index. Be aware …
Daily Virtual Steel Mill Report 20/07/23
Market Verdict on Iron Ore： • Neutral. Macro： • Bloomberg: China mulls mortgage easing to spur home purchases in Tier I cities including Beijing and Shanghai. Iron Ore Key Indicators: • Platts62 $114.00, -1.85, MTD $111.53. The seaborne iron ore suddenly muted yesterday after a big day before, indicating that the market yet …