Verdict: • Short-run Neutral. Macro: • The World Steel Association statistic indicated that total crude steel production at 148.8 million tons, up 3.7% on the year. Iron Ore Key Indicators: • Platts62 $108.80, -0.30, MTD $110.73. The MACF was traded at fixed price at $107.3 yesterday. All rest of concentrates were facing oversupply …
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London Iron Ore Market Report 25/03/24
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Iron Ore Market Daily Report 25/03/24
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Iron Ore Offshore April 24 Morning Technical Comment – 240 Min Chart 25/03/24
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London Iron Ore Market Report 22/03/24
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European Close 22/03/24
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Iron Ore April 24 (rolling Front Month) 22/03/24
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Iron Ore Market Daily Report 22/03/24
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Iron Ore Offshore April 24 Morning Technical Comment – 240 Min Chart 22/03
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Iron Ore DCE May24 Daily Technical Review 22/03/24
Verdict- Neutral. DCE May24 contract during last night however recovered most of loss during day session. Iron maintain neutral verdict. Hourly MACD narrowed in bullish territory. Hourly slow stochastic KD created lower dead crosses during past ten trading hours. Hourly CCI was in neutral area. Be aware of an exhaustion in high area. However there …
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