Tag archives: CC

Daily Virtual Steel Mill Report 01/02/22

Market Verdict on Iron Ore： • Neutral.   Macro: • IMF published World Economy Development Outlook, increased China economy growth rate in 2023 by 0.8% to 5.2%. The organisation also increased global economy growth by 0.2% to 2.9%.   Iron Ore Key Indicators: • Platts62 $127.40, +0.40, MTD $122.64.Physical market started to see great volume …

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Daily Virtual Steel Mill Report 31/01/22

Market Verdict on Iron Ore： • Neutral.   Macro： • The prosperity index of Eurozone reached 1.3 in January, refreshed new high since July 2022, last -1.5, est. -0.6. • China January Manufacturing PMI 50.1, est. 49.8, last 47. China industrial amount above designated scale at 8.4 trillion yuan in 2022, down 4% from 2021. …

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Freight and Commodity Podcast 25/01/23

Freight rates hit a year low, with Cape Index losing 70% value and Panamax 33%. We get an update on the freight and FFA market in the last week and month. We discuss volumes, volatility, prices and contributing factors.   Click Below to Listen:     Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/2QSlYeDkS9Hqrpv78zFjEG?si=do7on-N_T4-vZOB4i4Gwsg   Itunes …

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