Ferrous Market – Mysteel surveyed Australia port overhaul potentially impact 1.37 million tonnes of delivery. In addition, Geraldton No.5 port delivery is impacted by sea wave. – Tangshan Fengrun area execute environment production curb from September 1st to 15th, majorly restricting blast furnace, steel-making and rolling mills. – MySteel 45 ports iron ore arrived 24.55 …
Tag archives: IO
London Iron Ore Market Report
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US …
DCE inches up on fastest PMI growth
Iron ore futures continued to rally for the second consecutive days on good economic indicators and robust steel demand. The most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange rose slightly by 0.24% or RMB 2 day-on-day to RMB 846.50 per tonne on Tuesday. The steel rebar contract on the Shanghai Futures …
FIS Weekly Ferrous Report 01092020
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): +1 813 490 6630
DCE rallies from strong steel demand and positive PMI
Iron ore futures started the week on higher note due to strong Chinese steel demand and positive economic indicator. The most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange rose by 2.61% or RMB 21.50 day-on-day to RMB 844 per tonne on Monday. The steel rebar contract on the Shanghai Futures Exchange …
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Iron Ore DCE January Daily Technical Review Aug 31st
Verdict – Short-term neutral. DCE iron ore September decreased positions massively since this is the last trading day for individual clients before entering delivery month at sep contract. The fall of September contract indicated there is no delivery profits for September buyers after market pushed high earlier today. At the same time, jan contract is …
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Daily Ferrous Physical Review Aug 31st
Ferrous Market – China August Manufacture PMI 51.0, est. 51.2, last 51.1. – Tangshan execute environment production restriction on August 31st, the third environment curb over past two weeks. Physical steels push up significantly after hearing the curb. Northern ports operation are impacted by typhoon weather over weekends and expected to recover on Tuesday after …
London Iron Ore Market Report
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): +1 813 490 6630
Low grade ores take the centerstage
A total of 1.237 million mt of iron ore was exchanged hands for the week ended Aug 28, lowered than the 2.035 million mt recorded last week. Low grade fines took the centerstage this week, as Yandi fines accounted the most transacted at 22.63%, followed by Jimblebar fines at 16.17%, then SFM1 at 14.32% and …
DCE ends the week higher on robust steel demand
Iron ore futures closed the week on higher notes due to robust steel production as well as concerns over shipping disruptions from Typhoon Bavi. The most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange then rose by 1.40% or RMB 11.50 day-on-day to RMB 832.50 per tonne on Friday. Then, the steel …
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