Daily Virtual Steel Mill Report 22/03/24

Verdict: • Short-run Neutral.   Macro: • US jobless claims last week at 210,000, estimated 213,000, last 209,000.   Iron Ore Key Indicators: • Platts62 $110.65, +4.15, MTD $110.96. The procurement of iron ore was majorly based on real-demand. The market participants agreed a slow demand for iron ore compared to past five years during …