Tag archives: CC

Daily Virtual Steel Mill Report 13/12/22

Market Verdict on Iron Ore： • Neutral.   Macro: • EU planned to impose import tariffs on carbon emissions on steels, cements and polluted commodities, to support the European industries. • China PBOC(central bank): November social financing 1.99 trillion yuan, down 610.9 billion yuan on the year. M2 money supply remains at 264.7 trillion yuan, …

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A Room with a Technical View 12/12/22

Oil Feb 23 Futures – Technically bearish last week, the rejection of the trend resistance warned that the USD 80.61 low could be tested and broken, with a potential near-term downside target at USD 77.66. The futures continued to move lower, with price trading to a low of USD 75.11, before moving higher on an …

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Derivatives Factsheet – November 2022

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 12/12/22

Market Verdict on Iron Ore： • Neutral.   Macro: • IMF predicted the global economy growth rate at 2.7% in 2023, there was 25% probability that the growth rate would be lower than 2%. IMF predicted that at least 1/3 of the countries would fall into economic recession.   Iron Ore Key Indicators: • Platts62 …

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Daily Virtual Steel Mill Report 09/12/22

Market Verdict on Iron Ore： • Neutral.   Macro: • U.S. last week jobless claims filed at 230,000, est. 230,000, last 225,000. • China November CPI up 1.6%, last 2.1%. China November PPI down 1.3%, down 1.3% last.   Iron Ore Key Indicators: • Platts62 $110.70, +3.25, MTD $107.98. Brazil northern system rainy weather potentially …

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Daily Virtual Steel Mill Report 08/12/22

Market Verdict on Iron Ore： • Neutral.   Macro: • China state council published new measures on the pandemic control, which require no PCR test to public areas except schools, hospital and some densely populated areas. Travelling persons are not required to provide PCR test results and new tests. • Canada central bank would raise …

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