IO Archives - Page 72 of 587

Daily Virtual Steel Mill Report 06/03/24

Verdict: • Short-run Neutral. Macro: • China Government Report set target in 2024: GDP growth target 5%, 12 million new urban jobs, unemployment rate 5.5%, consumer price increase of about 3%, grain output 6500 billion tons, energy consumption per unit reduced by 2.5%, and improve the quality of the ecological environment. • China government …

Continue reading “Daily Virtual Steel Mill Report 06/03/24”

London Iron Ore Market Report 05/03/24

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

European Close 05/03/24

Iron Ore Market Daily Report 05/03/24

Ferrous Weekly Report 05/03/24

Iron Ore Offshore April 24 Morning Technical Comment – 240 Min Chart 05/03/24

Iron Ore DCE May24 Daily Technical Review 05/03/24

Verdict- Neutral. DCE May24 contract consolidated as expected. The last rangebox was 860.5 – 905.0, however iron ore traded in narrower area from 875.0 – 895.5 today. Hourly MACD narrowed in bullish territory. Maintain neutral outlook unless a break on current range. First support 860.5. First resistance 905.0.

Daily Virtual Steel Mill Report 05/03/24

Verdict: • Short-run Neutral. Macro: • Fed governor Rafeal Bostic said that inflation is expected to “slowly” return to the 2% target. Thus it would be appropriate for the Fed to cut interest rates twice by 25 basis points before the end of this year. • China government work report indicated the GDP growth …

Continue reading “Daily Virtual Steel Mill Report 05/03/24”

Tag archives: IO