Daily Virtual Steel Mill Report 03/02/22

Market Verdict on Iron Ore: • Neutral.   Macro: • BOE increased interest rate by 50 bps at 4%, refreshed highest since October 2008. ECB increased interest rate by 50 bps to 3%.   Iron Ore Key Indicators: • Platts62 $126.70, -2.25.The yesterday market slumped following the China-Australia talk, traders expect more iron ore import …