Tag archives: CC

Daily Virtual Steel Mill Report 14/12/22

Market Verdict on Iron Ore： • Neutral.   Macro: • U.S. CPI up 0.1% in November on the month, estimated up 0.3%, last 0.4%. November CPI up 7.1% on the year, created the smallest single month increase since December 2021, est. 7.3%, last 7.7%. November PCE up 6% on the year, est. 6.1%, last 6.3%. …

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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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