Tag archives: CC

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 …

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Daily Virtual Steel Mill Report 12/01/22

Market Verdict on Iron Ore： • Neutral.   Macro: • China National Bureau of Statistics: China PPI in December down 0.7% on the year, down 0.5% on the month. CPI up 1.8% in December, flat from last month. • China’s regulatory authorities have preliminarily determined the list of high-quality developers to implement the “Balance Sheet …

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Freight and Commodity Podcast 11/01/23

John Banaszkiewicz, CEO and founder of Freight Investor Services, has a conversation with us about the FFA market in 2022, FFA in 2023, China opening up and its impact, and what FIS is doing about the war in Ukraine.   Click Below to Listen:     Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/3KisbQjd5oaqb9a1HayYev?si=z62DZhf3SQOOz2ALchZtDg   Itunes …

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Daily Virtual Steel Mill Report 11/01/22

Market Verdict on Iron Ore： • Neutral.   Macro: • China PBOC statistic indicated that December M2 up 11.8%, up 2.8% on the year, lower than 12.4% in November.   Iron Ore Key Indicators: • Platts62 $118.70, -1.10, MTD $118.07.Seaborne saw the most active trade in January yesterday. IOCJ traded at $137.2. MACF traded at …

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Daily Virtual Steel Mill Report 10/01/22

Market Verdict on Iron Ore： • Neutral to bearish.   Macro： • ECB announced that the strong EU salaries increase would become important factor to support interest hike. • U.S. Atlantic Federal president Raphael Bostic predicted a 1% economy growth in U.S. in 2023 instead of recession. Bostic believed that inflation rate potentially drop to …

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