Daily Virtual Steel Mill Report 26/1/22

Market Verdict on Iron Ore: • Neutral. Macro • At a news conference in Brussels, NATO Secretary General Stoltenberg said that NATO had handed over its “written proposal” to Russia, which was carried out simultaneously with the United States. Stoltenberg did not disclose the specific content of the written proposal. NATO believed that there should …

Freight & Commodity Podcast Ep. 85 26/1/22

Click Below to Listen: Website – https://tinyurl.com/bdd6wnya   Spotify – https://open.spotify.com/episode/4V44Le0dW83PVkVPb7ZvnQ?si=jbd8kFddTtGceE7TTi7Pag&nd=1   iTunes – https://podcasts.apple.com/gb/podcast/episode-85-26-1-22/id1507094242?i=1000549055568 For more information please contact: news@freightinvestor.com London +44 (0) 20 7090 1120  

Iron Ore Feb 22 (rolling Front Month) Key Resistance is Tested, Weekly Momentum is Vulnerable 26/01/22

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Iron Ore DCE May Daily Technical Review 26/1/22

Verdict – Short-term neutral. DCE iron ore May22 contract tested high several times however rejected by previous high at 777.0. A breakthrough and closing above 777.0 would indicate a continuous growth in mid-run. Otherwise buyers should be aware of the cross Chinese Lunar New Year holding risk. Hourly CCI re-entered the bullish territory. Hourly MACD …

Daily DCE Review 26/1/22

Iron ore futures extended bullish run over market concerns over labor shortage among Australian miners and market optimism better steel demand post-Spring festival. The futures of Dalian Commodity Exchange (DCE) for May delivery then hiked by 3.40% day-on-day or up RMB 25.50 to RMB 776/mt, during the morning trading session on Wednesday. The rebar futures …