The ferrous metals sector is experiencing a tug-of-war between bulls and bears, with overall trading fluctuating at low levels: November 13th Summary of Views on the Ferrous Metals Sector
2026-11-13 13:10:32
A summary chart of futures company views: November 13th Black Commodities (Rebar, Coking Coal, Coke, Iron Ore, Thermal Coal, etc.). See the FX678 chart in this article for more details. Rebar: Cost support keeps prices oscillating at low levels; weak end-user demand limits upside potential, keeping prices oscillating at low levels. Iron Ore: As the year draws to a close, optimistic signs on the demand side are expected to become more certain, and ore prices are expected to oscillate with a slight upward bias from the bottom. Coking Coal: Prices rebounded from low levels, with the discount continuing to recover. Deep discount recovery and low inventory support the rebound, but weak spot prices and insufficient actual demand limit the rebound's height. Coke: Coke prices are supported by deep discounts and coking coal costs, but are constrained by declining pig iron prices, land supply shortages, and insufficient winter stockpiling. In the short term, prices are likely to remain in a low-level range-bound pattern. Thermal Coal: Demand needs to be released, and the market is consolidating. 
The above content is based on big data analysis and is for reference only, not investment advice. This chart is specially produced by FX678 and is copyrighted.
The above content is based on big data analysis and is for reference only, not investment advice. This chart is specially produced by FX678 and is copyrighted.
- Risk Warning and Disclaimer
- The market involves risk, and trading may not be suitable for all investors. This article is for reference only and does not constitute personal investment advice, nor does it take into account certain users’ specific investment objectives, financial situation, or other needs. Any investment decisions made based on this information are at your own risk.
