Daily Virtual Steel Mill Report 27/03/22

Market Verdict on Iron Ore: • Neutral.   Macro: • U.S. Market Manufacturing PMI at 49.3, refreshed the highest since October 2022, est. 47, last 47.3. • China central bank PBOC officially cut RRR by 25 bps on March 27th, equivalent to 600 billion yuan of mid-term liquidity.   Iron Ore Key Indicators: • Platts62 …