Seasons greetings 22/12/23

As we sail into the holiday season, we at FIS want to extend our warmest wishes to our valued clients and dedicated team.   This year has been quite the journey, marked by significant achievements and exciting market dynamics.   We would like to sincerely thank you all for your support over the course of …

Daily Virtual Steel Mill Report 22/12/23

Verdict: • Short-run Neutral.   Macro: • US Q3 GDP annual rate at 4.9%, less than expected 5.2%. Q3 PCE consumer price index up 2% on the year, lower than expected 2.3%. • China tax council announced a new list of tax exemption and preference lists covering as many as 8957 items of commodities, including …