Tag archives: CC

Daily Virtual Steel Mill Report 20/06/22

Market Verdict on Iron Ore： • Bearish.   Macro • U.S. Energy Department indicated that U.S. appeal to increase oil production. A tanker carrying 650,000 barrels of Venezuelan crude oil destined Europe . This is the first time that Venezuela, under US sanctions, has exported crude oil to Europe in the past two years. • …

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Daily Virtual Steel Mill Report 16/06/22

Market Verdict on Iron Ore： • Neutral.   Macro • U.S. Federal decided to increase interest rates by 75 basis points to 1.5- 1.75%, created the biggest single time rate hike since 1994. • U.S. Financial Department statistic indicated that Chinese investors decrease U.S. bond holding to 1.003 trillion dollars. Japan decreased to the lowest …

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Freight and Commodity Podcast 15/06/22

All things oil this week on the podcast as we look at the flows of the world oil market, as well as updates on the dry freight, bunker and ferrous markets.   Click Below to Listen:     Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/2zrXgAwrZ4myIC17DQ28TW?si=dno03XuOQ3WLG3mszFO_ug   iTunes – https://podcasts.apple.com/gb/podcast/episode-101-15-06-22/id1507094242?i=1000566508221

Daily Virtual Steel Mill Report 15/06/22

Market Verdict on Iron Ore： • Neutral.   Macro • U.S. May PPI up 10.8% y-o-y, est. 10.9%, last 11%. • ECB official indicated that July interest rate increase 25 basis points, and expect a 25 basis points increase in September. • Gazprom announced that the gas supply through the Nord Stream about 100 million …

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