Morning Steel and Scrap Report 9/8/21

FOB China HRC   The index fell by $1/t last Friday (6.8.21) to US$928/t, MTD US$928.80/t.   Some cities in east China’s Jiangsu province tightened policies to control the spread of Covid, slowing transportation between Shanghai and Jiangsu with drivers required to have frequent Covid tests. Participants remain cautious in seaborne market given China’s uncertain …

FIS Castaway Podcast – Episode 66 04/08/21

    FIS Castaway Podcast – Episode 66     Iron ore leads the fall as we discuss Chinese emissions targets, OPEC+ production, and typhoon congestion affecting the ferrous, oil and freight markets.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-66/   Spotify https://open.spotify.com/episode/4cIFXumuQH7h3yKMHtM3SC?si=813wyHFoTvWFnPujqMGwSA&dl_branch=1   iTunes https://podcasts.apple.com/gb/podcast/episode-66/id1507094242?i=1000530964587         Disclaimer: This podcast is a marketing communication and …