Freight and Commodity Podcast 18/01/23

The oil market had many swings last year. So, what will it bring for us this year? We have our Fuel Oil desk give us their thoughts on 2022 and things to consider for 2023, as well as a weekly update on Freight and ferrous complex.   Click Below to Listen:     Website – …

Daily Virtual Steel Mill Report 17/01/22

Market Verdict on Iron Ore: • Neutral to bearish.   Macro: • The China Banking and Insurance Regulatory Commission issued a message that it should focus on expanding domestic demand and lead the banking and insurance industry to give priority to supporting recovery and expanding consumption, including issuing relevant financial products, supporting consumption in housing, …

Daily Virtual Steel Mill Report 16/01/22

Market Verdict on Iron Ore: • Neutral to bearish.   Macro: • China exported 3.32 million automobiles in 2022, up 56.8% on the year. Import 878,000 vehicles, down 6.2% on the year. China produced 27.02 million automobiles, up 3.4% on the year. Sales at 26.86 million vehicles, up 2.1% on the year. • The initial …

Daily Virtual Steel Mill Report 13/01/22

Market Verdict on Iron Ore: • Neutral.   Macro: • The annual rate of CPI in the U.S. in December was 6.5%, expected 6.50%, and the previous value was 7.10%. • Research Center of the Chinese Academy of Sciences: China’s economy condition maintain resilient in 2023, and the annual GDP growth rate is expected to …