Tag archives: IO

Daily Virtual Steel Mill Report 07/04/22

Market Verdict on Iron Ore： • Neutral to bearish.   Macro • According to the minutes from U.S. Fed meeting, most officials believed that it was necessary to raise interest rates by 50 basis points once or more times during the year. It may be appropriate to reduce the asset ceiling by $95 billion per …

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Freight and Commodity Podcast 06/04/22

Dry freight, Steel, Carbon Emissions and Iron Ore are on the menu this week for the podcast, so tune in and get up to speed before the Easter holidays. Click Below to Listen:   Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/7jqH9CF7rRpedcMzIotFe2?si=-_weDMF9Q0CJQg1_S-zquw   iTunes – https://podcasts.apple.com/gb/podcast/episode-94-06-05-22/id1507094242?i=1000556414330

Iron Ore DCE September Daily Technical Review 6/4/22

Verdict – Short-term neutral. DCE iron ore spiked over 4% during the day and gave back half of gains by closing. The current price movement potential exhausted by seeing MACD created a dead cross in higher area in hourly chart. Hourly slow stochastic KD also created dead cross in overbought area. Hourly CCI dropped from …

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