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 …

Daily DCE Review 10/2/21

Iron ore futures rose on market expectation of better steel demand for post-Lunar New Year period. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE), then surged up by 2.39% day-on-day or RMB 25 to RMB 1,071.50/mt on Wednesday. The steel rebar contract on the Shanghai Futures Exchange also increased slightly by …

Ferrous Daily Physical Review 10/2/21

Ferrous Market –    China Ministry of Information and Industry Technology: prohibit new steel making capacity by decrease both steel capacity and production in the year 2021. It was the first time the department mentioning about production control over the decade. –    Mongolia major coal export ports closed during Feb 11 – 14th. Ports reopen in …

Iron Ore DCE May Daily Technical Review 10/2/21

Verdict – Short-term neutral, be aware of reversal after Chinese New Year. DCE iron ore rebounded during the last few minutes due to long positions escaping during the last chance before a week long Chinese New Year holiday. The previous week rebound of iron ore was inline with metals rebound after a positive prediction of …