Tag archives: IO

Daily Virtual Steel Mill Report 4/11/21

Market Verdict on Iron Ore： ·         Neutral. Macro ·         U.S. FOMC meeting decided the market expected to start Taper during an unchanged interest rate by decreasing 15 billion U.S. dollars of T-Bond purchase per month. U.S. federal believed would support economic activities and jobs, at the same time counter against inflation risk. ·         U.S. ADP …

Continue reading “Daily Virtual Steel Mill Report 4/11/21”

Castaway Podcast Ep. 78

Freight and ferrous have fallen off a cliff this week, so we invited Holly Birkett from Tradewinds to discuss what’s been going on in the commodity markets this past week.   Click Below to Listen:   Website – https://freightinvestorservices.com/blog/fis-castaway-eps-78/   Spotify – https://open.spotify.com/episode/6fAzj6r9iPxU7Uy7ObSPm6?si=542m_BNOQm2Me-8QDAaPDA   iTunes – https://podcasts.apple.com/gb/podcast/episode-78/id1507094242?i=1000540622606

Iron Ore DCE Jan Daily Technical Review 3/11/21

Verdict – Short-term neutral to bullish. DCE iron ore started recovery sentiments after a big slump over the past five trading days. The opening slight high last night indicated smart money was not very pessimistic on the current market. Iron ore rebound fast during the day from a negative 3% to negative 0.42% by closing. …

Continue reading “Iron Ore DCE Jan Daily Technical Review 3/11/21”

Daily Virtual Steel Mill Report 3/11/21

Market Verdict on Iron Ore： ·         Neutral. Macro ·         U.S. secretary of commerce Gina Raimondo said the cancellation of U.S. – E.U. metal tax would help to counter against U.S. high inflation rate. ·         Instituite of International Finance data indicated the interest rate undermined the new funds entry of equity sector in new emerging market, …

Continue reading “Daily Virtual Steel Mill Report 3/11/21”