Daily Virtual Steel Mill Report 26/03/24

Verdict: • Short-run Neutral.   Macro: • The World Steel Association statistic indicated that total crude steel production at 148.8 million tons, up 3.7% on the year.   Iron Ore Key Indicators: • Platts62 $108.80, -0.30, MTD $110.73. The MACF was traded at fixed price at $107.3 yesterday. All rest of concentrates were facing oversupply …