3min chapter

Freight Up! Fuel oil, iron ore, steel and other commodity insights from Freight Investor Services cover image

Iron Ore's surge, container futures, and the financial report typo that cause a crude spike

Freight Up! Fuel oil, iron ore, steel and other commodity insights from Freight Investor Services

CHAPTER

The Impact of the Stimulus on the Iron Ore Market

July demand is going to be softer compared to June. EAS utilization rate in July improves significantly by 20% on yearly basis, which means it will result some of the black spring iron ore usage. The virtual stream margin as a leading indicator reached a year low at 147 grand per turn.

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