Tag archives: CC

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

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

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

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

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

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

Verdict: • Short-run Neutral.   Macro: • US Beige Book showed stagnant and declining US economic activities. Price and wages rose modestly in recent weeks. Employers decreased hiring. The Atlantic Federal officer Bostic indicated that the high for long interest rate would hurt job market. • Canada cut interest rate by 25 bps for the …

Continue reading “Daily Virtual Steel Mill Report 05/09/24”

Verdict: • Short-run Neutral.   Macro: • China Caixin manufacturing PMI reached 50.4 in August, up 0.6 from July. • Reuters: Saudi Arab expected to decrease most of oils sold to Asia in October after a drop on Dubai oil.   Iron Ore Key Indicators: • Platts62 $96.15, -4.10, MTD $96.15. The supply of MACFs …

Continue reading “Daily Virtual Steel Mill Report 03/09/24”

Verdict: • Short-run Neutral.   Macro: • China NBS: China manufacturing PMI August at 49.1%, down 0.3% on the month. • Reuters: Six OPEC+ sources indicated to increase oil production as planned from October, as Libya suspended production and some member countries promise to cut production to fill up for excess quotas, offsetting the impact …

Continue reading “Daily Virtual Steel Mill Report 02/09/24”