Daily Virtual Steel Mill Report 06/07/23

Market Verdict on Iron Ore: • Neutral.   Macro: • U.S. Federal Reserve indicated divisions over interest rate decision in June meeting, however all committing to hike again later this month to fight against inflation. • Eurozone PPI down 1.9% on the month est. down 1.8%, last down 3.2%. PPI down 1.% on the year, …