Daily Virtual Steel Mill Report 06/12/22

Market Verdict on Iron Ore: • Neutral to bullish.   Macro: • China Jan- Nov local debts issuance reached 7.3 trillion yuan, a historical high. • Many cities in China eased off the pandemic control in early this week, including optimise the PCR test, travel, and medical purchase.   Iron Ore Key Indicators: • Platts62 …