Ferrous trade weekly review 19/3/21

A total of 1.065 million mt of iron ores was traded for the week ended Mar 19, up 19.93% on-week from previous week trade volumes, amid the output curb in Tangshan. Thus, the market participants were spooked by output curb, which affected the buying interests for raw materials. During the week, the PBF accounted the …

Daily DCE Review 19/3/21

Iron ore futures slid over output restriction concerns in Tangshan, which dampened market appetite for raw materials. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE), then dipped by 3.47% day-on-day or down RMB 37.50 to RMB 1,042/mt on Friday. The steel rebar contract on the Shanghai Futures Exchange, also dropped slightly …

Daily DCE Review 18/3/21

Iron ore futures went up higher on tighter steel inventory, amid better downstream demand as trade participants prepared for the construction season. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE), then went up by 2.45% day-on-day or up RMB 26 to RMB 1,089/mt on Thursday. The steel rebar contract on the …

FIS Castaway Podcast – Episode 46 17/03/21

    FIS Castaway Podcast – Episode 46 – Freight Special   Wo is mein Handy? Here it is! Special guest Hans-Christian Olesen joins us to discuss the Baltic Exchange’s new Handysize index and the transition from Panamax 4TC to 5TC in our freight market special.      Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-46-unprecedented-coverage-in-unprecedented-times/   Spotify https://open.spotify.com/episode/1Ust3Ddos7DsBpVnwp5jdX?si=403kmyJsR1C83cUu4q9UZw …

Daily DCE Review 17/3/21

Iron ore futures closed the day on slight gains, supported by high steel prices, despite a choppy session. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE), then went up slightly by 0.61% day-on-day or up RMB 6.50 to RMB 1,068/mt on Wednesday. The steel rebar contract on the Shanghai Futures Exchange, …