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
Tag archives: CC
Daily Virtual Steel Mill Report 18/04/22
Market Verdict on Iron Ore: • Neutral. Macro: • U.S. NAHB April index 45, last 44, est. 44. The improvement on the housing investment was contributed by the limited sources of second-hand houses on the market, as well as the lower mortgage rates, which stimulated the demand for new houses. • China Q1 GDP …
Daily Virtual Steel Mill Report 17/04/22
Market Verdict on Iron Ore: • Neutral. Macro: • ECB official indicated that to stop interest hike or to increase by 25 bps or potentially become major decision of the next meeting, instead of a 50bps hike. Iron Ore Key Indicators: • Platts62 $118.90, -0.05, MTD $120.42. Physical traders expected active trading activities …
Daily Virtual Steel Mill Report 13/04/22
Market Verdict on Iron Ore: • Neutral. Macro: • U.S. March CPI up 5% on the year, lower than 5.2% expected, refreshed new low from May 2021, created a consecutive 9-month drop. However core CPI in March up from 5.5% to 5.6%. • G7 Group indicated that the central banks in global countries would …
Daily Virtual Steel Mill Report 12/04/22
Market Verdict on Iron Ore: • Neutral. Macro: • IMF published the World Economic Outlook, estimated global economy growth by 2.8% in 2023, 0.1% lower than previous expectation. The estimated growth rate up 3% by 2024, down 0.1% than last prediction. • A report from the New York Federal Reserve stated that the Federal …
FIS Ferrous Weekly Report 04/04/23
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
FIS Coking Coal London Report 04/04/23
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 04/04/22
Market Verdict on Iron Ore: • Neutral. Macro: • The Bank of China Research institute estimated China Q1 GDP growth rate at 4.1%, Q2 GDP growth rate at 7.6%, the high of the year. The high Q2 prediction was contributed by the recovery of economy and low base effect in 2022. Iron Ore …
Coking Coal Report 03/04/23
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 03/04/22
Market Verdict on Iron Ore: • Neutral. Macro: • The banking crisis does not seem to be over yet, with the latest focus on Credit Suisse Financial Group. Morgan Stanley released a report saying that the outflow rate of funds from customers of Credit Suisse Wealth Management was twice as expected. The target price …