Daily Virtual Steel Mill Report 05/07/23

Market Verdict on Iron Ore: • Neutral to Bearish.   Macro: • The Manufacturing PMI in June reached 53.9, down 3.2 from last month. The index maintained above boom and bust line for consecutive six months.   Iron Ore Key Indicators: • Platts62 $110.50, -0.05, MTD $110.53. The BRBF source became tight in the next …