Daily DCE Review 18/2/21

Iron ore futures rallied with the return of Chinese participants and market optimism over the post-holidays demand. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE), then soared by 7.05% day-on-day or RMB 74.50 to RMB 1,131.50/mt on Thursday. The steel rebar contract on the Shanghai Futures Exchange also hiked up by …

Iron Ore DCE May Daily Technical Review 18/2/21

Verdict – Short-term neutral. DCE iron ore rebounded massively on the first day after Chinese New Year. However the highest of the day was only 14 yuan higher than the high of the first minute in the morning, indicating the following buyers were not extreme confident to bring market to next new level during the …

Ferrous Daily Physical Review 18/2/21

Ferrous Market –    MySteel Rebar Inventory: Rebar production 3.09 million tonnes, down 4.06% w-o-w. Mills inventory 5.12 million tonnes, up 51.5% w-o-w. Circulation inventory 10.09 milliontonnes, up 37.9% w-o-w. –    Tangshan started harsh environment control started from February 16th, without mentioning the end date. –    MySteel researched 7 ports from Australia and Brazil iron ore …

FIS CASTAWAY – EPISODE 42 – Cobalt Special 17/02/21

FIS Castaway Podcast – Episode 42 – Cobalt Special This week we are joined by Charlotte Radford – minors, ores and alloys editor at Fastmarkets – to discuss the increasingly important cobalt market, alongside a brief markets update. Listen Below: Website https://freightinvestorservices.com/blog/fis-castaway-eps-42-unprecedented-coverage-in-unprecedented-times/ Spotify https://open.spotify.com/episode/5HdPGrivCIqz7y9usCXg3R?si=kjRz8WloRfq9VRaDdevTvQ   And Itunes  https://podcasts.apple.com/gb/podcast/fis-castaway/id1507094242#episodeGuid=b0eed840-fd03-9460-3ddf-a5b5a08c53e1 Disclaimer: This podcast is a marketing communication …