Daily Virtual Steel Mill Report 30/05/22

Market Verdict on Iron Ore: • Neutral.   Macro: • Market expected that the new emerging potentially start interest cut this year.   Iron Ore Key Indicators: • Platts62 $104.45, +2.00, MTD $105.29. The seaborne inquiries became active because of the recovery of import margins. MACF traded at $100.7, increased by near $7 compared to …