Daily Virtual Steel Mill Report 15/11/23

Verdict: • Short-run Neutral.   Macro: • US October inflation up 3.2% on the year, created the lowest over the last seven months, lower than estimated 3.3%, last 3.7%. Core CPI 4%, created the lowest since September 2021. Traders were bet the inflation cycle should be over, US equities S&P500 grew 1.91% while debt yield …