FIS API Blog
Iron Ore Market Update Market Commentary Iron ore futures remained subdued on Tuesday as the steel outlook continues to be clouded by concerns over further production curbs. China’s efforts to clean up its dirtiest steel industry are finally taking effect, with consumption taking a hit. Apparent consumption across five typical steel products fell to 9.86 …
Continue reading “Singapore Iron Ore Derivatives Report 10/08/21”
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 US (FL): +1 813 490 6630
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 US (FL): +1 813 490 6630
Iron Ore Market Update Market Commentary Iron ore futures sank to $160 on Monday as demand for the steelmaking material is wavering as China looks to clean up its steel sector while the emergence of the delta variant also sparks concerns for the slowing of the Chinese economic recovery. According to China Iron and Steel …
Continue reading “Singapore Iron Ore Derivatives Report 09/08/2021”
FIS: Ship Shape When It Rains It Pours You might be mistaken for thinking that I am referring to the typically British weather that we have had recently, whereby what could have been a gloriously sunny summer has been interrupted by biblical rains and high winds. Alas not, as awkwardly British as …
Verdict – Short-term neutral. DCE iron ore January contract corrected over Friday night session and the day session of Monday. However the trading volume decreased and rebounded during most of the day session on Monday. A further breakdown on daily low at 845.0 with small trading volume would indicated a new round of slump. Hourly …
Continue reading “Iron Ore DCE Jan Daily Technical Review 9/8/21”
Market Verdict on Iron Ore： · Iron ore short-run neutral. Macro · China National Bureau of Statistics: July CPI up 1% from June, up 0.3% y-o-y. July PPI up 9% y-o-y, from 0.5% from August. Jan- July Manufacturing ex-work price up 5.7% y-o-y, Manufacturing purchase price up 7.9% y-o-y. Iron Ore Key Indicators: · Platts …
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 US (FL): +1 813 490 6630
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 US (FL): +1 813 490 6630
A total of 750,000 mt of iron ores was traded for the week ended Aug 6, up 27.12% week-on-week, amid stringent steel output cuts being implemented. Tangshan underwent a new round of sintering cuts much to the expectation of market participants, while iron ore prices ended its anti-gravity defying act and stayed under the $185/mt …
