Daily Virtual Steel Mill Report 28/3/22

Market Verdict on Iron Ore: • Neutral.   Macro • German February PPI increased by 25.9% y-o-y, created the fastest growth from the year 1949, due to the massive increase on energy prices.   Iron Ore Key Indicators: • Platts62 $150.80 (+4.45), MTD 149.86. Iron ore portside and seaborne both saw much higher offers on …