Daily Virtual Steel Mill Report 21/03/22

Market Verdict on Iron Ore: • Neutral to Bearish.   Macro: • CME FedWatch indicated that the 25 bps interest hike in March had reached 76.8%. • The Swiss government has committed nearly 260 billion Swiss francs to rescue Credit Suisse, equivalent to one-third of Swiss GDP.   Iron Ore Key Indicators: • Platts62 $126.50, …