Iron ore futures dropped on market uncertainty over military conflict in Ukraine that dampened market confidence. The futures of Dalian Commodity Exchange (DCE) for May delivery then dropped by 3.13% day-on-day or down RMB 22 to RMB 680.50/mt, during the day trading session on Friday. The rebar futures also dropped by 1.85% or down RMB …
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European Close 24/02/22
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London Iron Ore Market Report 24/02/22
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Iron Ore Market Daily Report 24/02/22
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Iron Ore Offshore March 22 Morning Technical Comment – 240 Min Chart (Unchanged)
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Iron Ore DCE May Daily Technical Review 24/2/22
Verdict – Short-term neutral. DCE iron ore May22 closed with a doji. The trading range narrowed compared to yesterday. Hourly slow stochastic KD flattened. Hourly MACD flattened. Short-run technical was indicating a neutral sentiment. The first support is 682.0, the first resistance is 718.5
Daily Virtual Steel Mill Report 24/2/22
Market Verdict on Iron Ore： • Bearish. Macro • Kyiv says multiple sites attacked across country. • Europe central bank Vice President said the central bank would consider make adjustments on the asset purchase after the termination of PEPP in this March. In addition, the central bank would consider increasing interest rate. Iron Ore Key …
European Close 23/02/22
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London Iron Ore Market Report 23/02/22
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Freight and Commodity Podcast 23/2/22
ESG Special – The future’s green and commodity markets are no different, so this week on the podcast we explore the carbon emissions, battery metals, and pulp and paper markets. Click Below to Listen: Web – https://soundcloud.com/paul-oakley-6/episode-88-esg-special?utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing Spotify – https://open.spotify.com/episode/2rycTsPY7jsJDZP3WbZMVa?si=jZ5HxobeQsCDany_L-0T4A iTunes – https://podcasts.apple.com/gb/podcast/episode-88-esg-special/id1507094242?i=1000552003079 For more information please contact News@freightinvestor.com London +44 (0) 20 …