Daily Virtual Steel Mill Report 10/11/23

Verdict: • Short-run Neutral. Macro: • Last week, the number of initial claims for unemployment benefits in the United States was 217,000, with an estimated 219,000, compared to 217,000. • According to data released by the China National Bureau of Statistics, in October, the national CPI decreased by 0.2% year-on-year and 0.1% month on month. …