Daily Virtual Steel Mill Report 09/07/24

Verdict: • Short-run Neutral.   Macro: • China central bank PBOC announced to carry out a new tool: an afternoon window for reverse repo operations to help manage intra-day liquidity and ease market panic for potential funding tension.   Iron Ore Key Indicators: • Platts62 $108.65, -1.85, MTD $111.21. Iron ore market entered watch and …