Steel and Scrap Report 20/07/23

Please click below to view the report     For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004

Daily Virtual Steel Mill Report 20/07/23

Market Verdict on Iron Ore: • Neutral.   Macro: • Bloomberg: China mulls mortgage easing to spur home purchases in Tier I cities including Beijing and Shanghai.   Iron Ore Key Indicators: • Platts62 $114.00, -1.85, MTD $111.53. The seaborne iron ore suddenly muted yesterday after a big day before, indicating that the market yet …