Daily Virtual Steel Mill Report 07/08/24

Verdict: • Short-run Neutral.   Macro: • The Panama Canal Authority announced on August 5th that the maximum draft standard for ships passing through the canal will be raised to 49 feet from today. This standard has been raised again after being increased to 48 feet on July 11th, 2024. The Canal Authority explained that …

Weekly Macro Report 06/08/24

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