Daily Virtual Steel Mill Report 03/01/24

Verdict: • Short-run Neutral.   Macro: • China real estate developers rise after China injected $50 billion worth of low-cost funds into banks last month. Shanghai also announced lower down payment ratio for houses on Tuesday.   Iron Ore Key Indicators: • Platts62 $143.20, +2.70, MTD $143.20. The liquidity injection news from China supported the …