Tag archives: IO

Daily Virtual Steel Mill Report 03/04/22

Market Verdict on Iron Ore： • Neutral.   Macro： • The banking crisis does not seem to be over yet, with the latest focus on Credit Suisse Financial Group. Morgan Stanley released a report saying that the outflow rate of funds from customers of Credit Suisse Wealth Management was twice as expected. The target price …

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Iron Ore DCE May23 Daily Technical Review 31/03/22

Verdict- Neutral in Short-run. DCE May23 contract rolled late compared with same period over past few years, indicating there are still conflictions between long and short camps. The price level saw exhaustion today. Thus, the verdict was changed from bullish to neutral, considering May23 is less likely to trade in extreme level in the limited …

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Daily Virtual Steel Mill Report 31/03/22

Market Verdict on Iron Ore： • Neutral.   Macro： • China PM Li Qiang stated that the economic performance in March was better than that in January and February. The main economic indicators were improving, including consumption, investment, employment, and prices. The government will introduce new policies and measures to support business development. • International …

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