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 …
Tag archives: CC
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 …
Daily Virtual Steel Mill Report 31/03/22
Market Verdict on Iron Ore: • Neutral. Macro: • China PM Li Qiang stated that the economic performance in March was better than that in January and February. The main economic indicators were improving, including consumption, investment, employment, and prices. The government will introduce new policies and measures to support business development. • International …
Coking Coal Report 30/03/23
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 30/03/22
Market Verdict on Iron Ore: • Neutral. Macro: • World Bank: Global economy growth rate potentially drop to the slowest since 2000, average growth rate at 2.2% from 2023 to 2030. Iron Ore Key Indicators: • Platts62 $125.10, +1.40, MTD $127.00. The iron ore market was back to normal as the risk appetite …