Daily Virtual Steel Mill Report 21/09/23

Verdict: • Short-run Neutral.   Macro: • US Federal maintained interest rate from 5.25- 5.5% unchanged in the FOMC meeting in September, fell in the expectation of economists. • UK inflation rate refreshed an 18-month low, which decreased expectations on further hikes.   Iron Ore Key Indicators: • Platts62 $124.65, +1.90, MTD $121.42. JMBF discount …