Daily Virtual Steel Mill Report 16/02/22

Market Verdict on Iron Ore: • Neutral.     Macro: • IEA predicted that the crude oil demand expected to increase 200 million barrels/day, reaching 101.9 million barrels/day. However the restriction of Russia supply and economy recovery globally potentially cause a shortage.   Iron Ore Key Indicators: • Platts62 $123.60, -0.15, MTD $124.32. The import …