Equity, Bottom-up Analyst, Investics Research

Sameer Taneja

Equity, Bottom-up Analyst

Investics Research

It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity Bottom-up Research

Commodities

<ul>
<li>We provide a comprehensive introduction to the iron ore sector, covering the drivers and a view of the commodity in the short run. </li>
<li>We look at eleven listed names in the space ( from large-cap miners to the juniors deriving a vast majority of their revenues from ore) and list our favorite miners.</li>
<li>We like <a href="https://www.smartkarma.com/entities/vale-sa" target="_blank" data-smartkarma-citation="entities:23731:1" rel="noopener">Vale (VALE US)</a> for its capital return in large caps, <a href="https://www.smartkarma.com/entities/kumba-iron-ore-ltd" target="_blank" data-smartkarma-citation="entities:25094:1" rel="noopener">Kumba Iron Ore (KIO SJ)</a>  in midcaps, and <a href="https://www.smartkarma.com/entities/mount-gibson-iron-ltd" target="_blank" data-smartkarma-citation="entities:19043:1" rel="noopener">Mount Gibson Iron (MGX AU)</a>  in junior miners<a href="https://www.smartkarma.com/entities/mount-gibson-iron-ltd" target="_blank" data-smartkarma-citation="entities:19043:1" rel="noopener">.</a> </li>
</ul>


We provide a comprehensive introduction to the iron ore sector, covering the drivers and a view of the commodity in the short run. 
We look at eleven listed names in the space ( from large-cap miners to the juniors deriving a vast majority of their revenues from ore) and list our favorite miners.
We like Vale (VALE US) for its capital return in large caps, Kumba Iron Ore (KIO SJ)  in midcaps, and Mount Gibson Iron (MGX AU)  in junior miners. 


Iron Ore Primer: Understanding The Drivers Of the Market, Ways To Play The Sector

Metals, Ores, and Mining Firms, Mint Finance

Pranay Yadav

Metals, Ores, and Mining Firms

Deep Fundamental Analysis

Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

<ul>
<li>Iron ore prices declined 9.4% last week, closing below the monthly S1 pivot point, indicating resistance.</li>
<li>Despite a brief 0.75% rise on Friday, prices signaled a bearish crossover in the 9D and 21D SMAs, reinforcing negative sentiment.</li>
<li>The 91-price level remains strong support, with key resistance levels at 93.9, 95.7, and 98.9. A sharp reversal could push prices to 96.5 or higher.</li>
</ul>


Iron ore prices declined 9.4% last week, closing below the monthly S1 pivot point, indicating resistance.
Despite a brief 0.75% rise on Friday, prices signaled a bearish crossover in the 9D and 21D SMAs, reinforcing negative sentiment.
The 91-price level remains strong support, with key resistance levels at 93.9, 95.7, and 98.9. A sharp reversal could push prices to 96.5 or higher.


[IO Technicals Weekly 2024/36] Iron Ore Futures Face Bearish Pressure but Encounters Support

<ul>
<li>Iron ore broke out of its three-year band two weeks ago and, after a brief recovery, trended lower by 9% WoW. It is now within touching distance of 90 USD/ton. </li>
<li>Chinese steel margins showed no signs of improving, with the average mills losing 70-80 USD/ton. Iron ore inventories continued to climb at the ports, exceeding 150 million tons.</li>
<li>We would stay clear of iron ore names for the time being as we wait for iron ore to consolidate at some levels. </li>
</ul>


Iron ore broke out of its three-year band two weeks ago and, after a brief recovery, trended lower by 9% WoW. It is now within touching distance of 90 USD/ton. 
Chinese steel margins showed no signs of improving, with the average mills losing 70-80 USD/ton. Iron ore inventories continued to climb at the ports, exceeding 150 million tons.
We would stay clear of iron ore names for the time being as we wait for iron ore to consolidate at some levels. 


Iron Ore Tracker (9-Sep-2024): Short-Term Bearish Signals More Prominent

<ul>
<li>Iron ore futures rose 5.3% last week but declined 3% on September 2nd, signaling a potential continuation of the downtrend.</li>
<li>Technical indicators such as RSI, MACD, and Bollinger Bands suggest a short-term downtrend, with price struggling to break above the 21-day moving average.</li>
<li>Elevated historical volatility near a 4-month high indicates that market instability may persist, suggesting caution in trade setups.</li>
</ul>


Iron ore futures rose 5.3% last week but declined 3% on September 2nd, signaling a potential continuation of the downtrend.
Technical indicators such as RSI, MACD, and Bollinger Bands suggest a short-term downtrend, with price struggling to break above the 21-day moving average.
Elevated historical volatility near a 4-month high indicates that market instability may persist, suggesting caution in trade setups.


[IO Technicals Weekly 2024/35] Price Recovery Stalls Amid Elevated Volatility and Downtrend Resumes

<ul>
<li>Despite sharp price moves, iron ore options activity was muted with a sharp decline in put volumes.</li>
<li>The DCE/SGX spread widened from 4.6% to 7.5% as DCE futures traded at a premium.</li>
<li>SGX Iron Ore options volume fell by 31.8% WoW, with increased call activity focused on September expiries at the 105 strike.</li>
</ul>


Despite sharp price moves, iron ore options activity was muted with a sharp decline in put volumes.
The DCE/SGX spread widened from 4.6% to 7.5% as DCE futures traded at a premium.
SGX Iron Ore options volume fell by 31.8% WoW, with increased call activity focused on September expiries at the 105 strike.


[IO Options Weekly 2024/35] Iron Ore Continues Rising But Demand Headwinds Persist

Australia

Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, deep purple, to rusty red. The iron itself is usually found in the form of magnetite (Fe3O4, 72.4% Fe), hematite (Fe2O3, 69.9% Fe), goethite (FeO(OH), 62.9% Fe), limonite (FeO(OH).n(H2O)) or siderite (FeCO3, 48.2% Fe).

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Iron Ore (IRON ORE COMDTY)

Iron Ore Primer: Understanding The Drivers Of the Market, Ways To Play The Sector

We initiate on the iron ore space with a primer and provide our top picks among the eleven listed names we look at. Look out for detailed...

Sameer Taneja

[IO Technicals Weekly 2024/36] Iron Ore Futures Face Bearish Pressure but Encounters Support

Iron ore futures fell 9.4% last week, dipping below critical support levels. Despite persistent bearish sentiment, prices found strong support at...

Mint Finance

Iron Ore Tracker (9-Sep-2024): Short-Term Bearish Signals More Prominent

With iron ore prices breaking below 95 USD/ton, we become more bearish in the short term. We track indicators like mill margins, inventories, and...

Sameer Taneja

[IO Technicals Weekly 2024/35] Price Recovery Stalls Amid Elevated Volatility and Downtrend Resumes

Iron ore prices experienced a brief recovery but have resumed their downtrend as technical indicators signal further weakness. Fundamentals are...

Mint Finance

[IO Options Weekly 2024/35] Iron Ore Continues Rising But Demand Headwinds Persist

Last week, iron ore futures surged 5.3%, only to drop 3% on Monday. The DCE/SGX spread widened as Chinese futures gained a premium, and SGX options...

Mint Finance

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)