Tag archives: IO

FIS Singapore Iron Ore Derivatives Report 29/06/21

Market Commentary Iron ore futures tumbled on Tuesday as investors assessed the near-term steel demand outlook ahead of the centenary celebration of the Chinese Communist Party. Mills in the Handan city in the steelmaking province of Hebei, will halt sintering production from 28 to 30 June and output from some blast furnaces will be restricted, …

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Daily DCE Review 29/6/21

Iron ore futures suffered a sharp fall in the morning session, before recovering some positions during the afternoon session. The futures of Dalian Commodity Exchange (DCE) for September delivery then dived down by 2.66% day-on-day or RMB 31.50 to RMB 1,196/mt at the close of day trading session on Tuesday. The rebar futures also dipped …

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Daily DCE Review 28/6/21

Iron ore futures started the week on gains, as market participants held their concerns over supply tightness and low port inventory. The futures of Dalian Commodity Exchange (DCE) for September delivery then went up by 2.09% day-on-day or RMB 24.50 to RMB 1,196/mt during the day trading session on Monday. The rebar futures also rose …

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Ferrous trade weekly review 25/6/21

A total of 0.87 million mt of iron ores was traded for the week ended Jun 25, amid the typical lull steel demand period. However, there was some upticks in steel prices late in the week, as it was heard that some mills had voluntarily reduced their sintering and blast furnace operations ahead of the …

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