Tag archives: CC

Daily Virtual Steel Mill Report 21/09/22

Market Verdict on Iron Ore： Neutral.   Macro European Central Bank President Lagarde is expected to further increase interest rates. ECB indicated that the inflation prospect will determine the terminal point of interest rate. Canada August CPI up 7% on the year, lower than 7.6% in July, lower than estimated 7.3%. Japan core CPI up …

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Australia BHP Coal Mine Workers Set To Vote On Strike 21/09/22

BHP coal mine workers in Australian state set to vote on industrial action   Workers at four mines of the BHP Mitsubishi Alliance (BMA), which owns Australia’s largest metallurgical coal fields, will vote on strike action over working conditions and job security, their union said on Wednesday. The possibility of industrial action at some sites …

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Daily Virtual Steel Mill Report 19/09/22

Market Verdict on Iron Ore： • Neutral to bullish.   Macro • Super Central Bank week: Ten countires including U.S. Federal would finalise the interest rate decision during this week. • U.S. Shale oil and gas companies announced European buyers that they can’t provide additional energies in this winter. Once Europe ban on Russia oil …

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China’s Coal Production Hits 3-month Low In August 16/09/22

China’s daily coal output hits 3-month low in August on rains, COVID curbs   China’s daily coal output in August slipped to a three-month low as some mines in its biggest coal mining regions reduced operations or even shut down due to heavy rainfall and COVID-19 curbs. China, the world’s top coal producer, mined 370.44 …

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