FIS Singapore Iron Ore Derivatives Report 24/06/21

Iron Ore Market Update Market Commentary Iron ore futures retreated on Thursday over declining mills profitability in China. Steel margins in China took a beating following the nation’s high-profile crackdown on surging commodity prices. Rebar and hot-rolled coil futures have tumbled over 20% from the respective multi-year highs in May. The China Iron & Steel …

Daily DCE Review 24/6/21

Iron ore futures inched up slightly, due to market concerns over slower steel demand with rising steel stockpiles and easing of supply tightness in iron ore stocks. The futures of Dalian Commodity Exchange (DCE) for September delivery then inched up slightly by 0.87% day-on-day or up RMB 10 to RMB 1,164.50/mt on Thursday. The steel …

FIS Singapore Iron Ore Derivatives Report 23/06/2021

Market Commentary Iron ore futures advanced on Wednesday amid supply tightness across Chinese ports while optimism over global demand as well as speculation over relaxing production restrictions in Tangshan also supported price for the steelmaking ingredient. According to data by Mysteel, iron ore deliveries from Australia and Brazil were down 1.95 million tonnes this week …

FIS Castaway Podcast – Episode 60 23/06/21

    FIS Castaway Podcast – Episode 60 – Coking Coal Special   Have you met coal? With coking coal finally making significant moves we invite Dave Powell to talk to us about this vitally important commodity.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-60/   Spotify https://open.spotify.com/episode/1wZrz8bPEJHJqdWU34fnZa?si=PXFnYC0AQyCtbpHQKVxb9Q&dl_branch=1   iTunes https://podcasts.apple.com/gb/podcast/episode-60-coking-coal-special/id1507094242?i=1000526595842         Disclaimer: This podcast is …